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Clifford Chance LLP

Work 020 7006 1000
Fax 020 7006 5555

David Dunnigan

Work +442070062702
Clifford Chance

Work Department

Capital Markets




Nottingham University 1983

London: Finance

Debt capital markets

Within: Leading individuals

David Dunnigan - Clifford Chance US LLP

Within: Debt capital markets

Clifford Chance LLP¬†has 'a long track record in high-value and complex deals, including new and innovative deal structures'. The group acts for leading financial institutions, corporates, governments and supranational organisations across the world. Its work encompasses¬†investment grade bonds, regulatory capital and hybrid transactions, liability management, Eurobonds and EMTN programmes, equity-linked products, sovereign debt issuance, project bonds and emerging markets debt offerings. Its work on innovative transactions continued last year with its work for a leading investment bank on the issuance of green bonds. Head of capital markets¬†Simon Sinclair¬†led that deal. He also worked with newly promoted partner¬†Paul Deakins¬†, who¬†is 'a superstar', on the securing of consent solicitations for tier 2 and tier 1 notes, and the issuance of ‚ā¨750m in new tier 1 notes, for Nordea Bank as part of its decision to redomicile from Sweden to Finland. Sinclair also assisted Co-operative Bank with numerous offerings in 2017, including the issuance of ¬£400m in senior notes.¬†Newly promoted partner¬†Clare Burgess¬†is an expert in project bonds and she advised two leading Danish pension funds on the acquisition of a 50% stake in the¬†developer of the Walney Extension Offshore Wind Farm, which was financed using a combination of bonds, equity and loans. The firm has a deep bench of experienced partners such as¬†Stewart Dunlop¬†, who is a leading light in liability management;¬†John Connolly, who leads the firm's US group and handles¬†Rule 144A offerings, private placements and Regulation S deals;¬†¬†David Bickerton, who handles capital markets and infrastructure finance and¬†David Dunnigan¬†who advises sovereigns, major corporations and financial institutions.

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Emerging markets

Within: Emerging markets

The finance practice at Clifford Chance LLP brings together expertise in banking, capital markets, project finance, commodity and trade finance, structured finance, securitisation and derivatives to advise corporates and financial institutions on complex emerging markets transactions. The firm has a significant presence in deals involving Africa, India and Latin America, and its London practice works closely with the Moscow office on deals in Russia, the CIS and the CEE. Last year, its debt capital markets work included acting for joint lead managers and bookrunners Citigroup Global Markets and Raiffeisen Bank International in combined issuance of $1.4bn in notes. DCM specialists David Dunnigan and John Connolly led that transaction. They also acted for Alfa Capital Markets, Bank GPB International, JPMorgan Securities and other lead managers on an $800m Eurobond issue by Polyus Gold International, which is the largest gold mining group in Russia. The firm's high yield debt practice, which features leading lights Michael Dakin and Fabio Diminich, is also active in emerging markets. Diminich recently advised a leading bank on its role as placement agent for a privately placed bond offered by a company in Eastern Europe, and acted for a Nigerian corporate on its debut Rule 144a offering. Leonard Cleland leads the trade finance team and last year he handled high-value transactions in Angola and Ethiopia. He frequently works as part of the firm's Africa and Turkey practice groups. Head of the firm's Africa practice Jeremy Connick is recommended for energy, natural resources and infrastructure projects. Also recommended are banking and finance partner Russell Wells, who works in the India team, and director of the global Africa group Titus Edjua.

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