Sara Couling > Shearman & Sterling LLP > London, England > Lawyer Profile

Shearman & Sterling LLP
9 APPOLD STREET
LONDON
EC2A 2AP
England
Sara Couling photo

Work Department

Derivatives & Structured Products

Position

Partner

Career

Sara Couling is a partner in the Derivatives & Structured Products practice of Shearman & Sterling’s London office.

She has extensive experience of the full range of English law derivatives transactions, together with experience in bank finance, structured finance and debt capital markets. Her practice includes advising borrowers and lenders on fixed income and FX derivatives in connection with leveraged, acquisition and project financing transactions, in both Europe and the Middle East, equity-linked derivatives, including TRSs, prepaid variable forwards and funded collar structures, acting for investors, financial institutions or hedge fund investors, ISDA Master Agreements and collateral and security arrangements, credit default swaps, stock lending and repos, margin lending, clearing documentation, prime brokerage arrangements, debt trading and regulatory requirements relating to over-the-counter and exchange-traded derivatives transactions.

Sara is ranked as a “Next Generation Partner” for Derivatives and Structured Products for Legal 500 UK 2023.

Memberships

Admissions

England and Wales

Education

The College of Law, Guildford, LPC (With Distinction)

University of Exeter, LL.B. (Hons)

Lawyer Rankings

London > Finance > Derivatives and structured products

(Next Generation Partners)

Sara CoulingShearman & Sterling LLP

At Shearman & Sterling LLP, the derivatives and structured products practice has gone through some changes of late, with former practice head James Duncan moving to Freshfields Bruckhaus Deringer LLP and key partner Leona McManus joining Squire Patton Boggs. The firm nevertheless retains significant expertise thanks to of counsel Patrick Clancy, who is a widely acknowledged expert in both English law derivatives and complex and bespoke structured finance products, and counsel Sara Couling, who is ‘delightful to work with and a great problem solver‘. Couling was a key member of the team that advised Ardagh Group’s treasury team on hedging matters arising from its recent issuance of high yield green notes, as well as many other parts of the company’s complex multibillion-euro financing structure. Clancy recent assisted IFC with derivatives aspects of the $652.3m financing of the Central Termica de Temane power project in Mozambique.