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Mayer Brown

1221 AVENUE OF THE AMERICAS, NEW YORK, NY 10020-1001, USA
Tel:
Work +1 212 506 2500
Fax:
Fax +1 212 262 1910
Email:
Web:
www.mayerbrown.com

David Bakst

Tel:
Work +1 212 506 2551
Email:
Mayer Brown

Work Department

Corporate & Securities

Position

David Bakst is a partner in Mayer Brown's Capital Markets practice. His practice focuses on a wide variety of public and private securities offerings ranging from large New York Stock Exchange and NASDAQ listed IPOs and multibillion-dollar debt offerings to smaller private placements of securities for companies of all sizes. Areas of concentration for him include investment-grade debt, liability management and offerings involving foreign private issuers. David has extensive international experience and has worked on significant securities offerings for a number of the largest companies in Latin America, Asia and Europe. He has worked with clients from a broad range of industries, including financial services, oil, gas and petrochemicals, alternative energy, telecommunications and technology.

Education

Boston College Law School, JD, cum laude 1996 Editor-in-Chief, International & Comparative Law Review, 1995-1996 Northwestern University, BA 1993


United States: Finance

Capital markets: equity offerings

Within: Capital markets: equity offerings

The team at Mayer Brown provides ‘excellent service’ and demonstrates ‘great communication skills’. Particular praise is reserved for New York’s David Bakst, who ‘combines strong knowledge of the market with practical, clear advice’; he is highlighted for his specialist expertise in foreign private issuances and emerging growth company IPOs. Among Bakst’s highlights, he assisted GW Pharmaceuticals with its $289m offering of American depositary shares. Also in New York, John Berkery advised the underwriters - Morgan Stanley, UBS, Keefe Bruyette & Woods, RBC and JMP Securities - on a $200m offering of depositary shares by National General Holdings. Chicago-based practice head Edward Best and Palo Alto-based Jennifer Carlson acted for JP Morgan Securities in Beneficial Interest’s $125.4m issuance of common shares.

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Capital markets: global offerings

Within: Capital markets: global offerings

Providing ‘prompt advice and a timely execution of deals’, Mayer Brown has an ‘excellent’ global offerings practice with teams of ‘great’ US and foreign-qualified lawyers in offices around the world. With lawyers based primarily in Chicago, New York, Houston and Palo Alto, the US team handles an almost equal split of issuer and underwriter work. In an example of cross-regional collaboration, lawyers from New York, Hong Kong and London acted for the Ministry of Finance of Mongolia in the successful drawdown of $500m 10.875% notes from the Ministry’s existing global medium term note program. On the underwriter side, the firm advised Merrill Lynch, Citigroup, Wells Fargo and BNP Paribas on a $1bn bond issue by the Industrial and Commercial Bank of China, New York Branch. Edward Best, (‘a great all-round lawyer’) heads the team from Chicago. Other names to note include New York’s ‘smart, practical and knowledgeableDavid Bakst and Jennifer Carlson in Palo Alto.

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