Catriona ’Kitty’ Lloyd > Dentons > London, England > Lawyer Profile

Dentons
ONE FLEET PLACE
LONDON
EC4M 7WS
England
Catriona ’Kitty’ Lloyd photo

Position

Partner

Career

Kitty is a partner in Dentons’ Capital Markets practice. She advises trustees, security agents, custodians, cash managers, collateral administrators, account banks and other agency providers on a wide range of capital markets products, including listed Eurobonds, private placements, EMTN and CP programs, equity-linked issues, regulatory capital and hybrid capital issues, high-yield bonds, loan participation notes, covered bonds and project bonds, Islamic finance and structured products, such as RMBS, CMBS, CLOs and repackaging transactions. She also advises security agents and facility agents on secured and unsecured bank financings.

Kitty regularly advises trustees and other agency providers on a wide range of “post-issue” matters, such as liability management transactions, potential and actual defaults, consent solicitations, exercises of trustee discretion and restructurings.

Prior and present experience:

  • Partner – Dentons (2017 – present)
  • Counsel – Linklaters, Capital Markets practice (2005 – 2017)
  • Managing Associate  – Linklaters (1999 – 2005), including a nine-month secondment to the Investment Banking Division of Morgan Stanley
  • Solicitor  – Linklaters (1994 – 2005)
  • Associate – Linklaters (1994 – 1999)
  • Trainee Solicitor – Linklaters (1992 – 1994), including a secondment to the Hong Kong office

Lawyer Rankings

London > Finance > Securitisation

At Dentons, ‘the efficiency and communication are impressive‘. The firm is known for handling high-value public securitisations, private securitisations, forward flow arrangements, trade receivables, corporate loan and trade finance securitisations, and auto loan securitisations, and is highly regarded for its mortgage loan expertise. Peter Voisey stands out for  ‘his availability to discuss issues at any time of the day and for his incredible calmness and ability to direct client conversation‘. Voisey is co-head of the practice with Edward Hickman, who ‘provides excellent service‘. The ‘exceptionally thoroughCatriona ’Kitty’ Lloyd is a key adviser on corporate trust matters. Voisey and Lloyd recently advised the arranger, a global financial institution, on the issuance of £1.2bn in notes by Duncan Funding 2022-1 plc, an RMBS transaction for TSB Bank plc designated as STS under the UK Securitisation Regulation, with Lloyd assisting Citicorp Trustee Company Limited and Citibank, N.A., London Branch in trustee and agency roles. The partners are supported by a strong junior team, which includes senior associate Jimmy Yang and associate Kamraan Akhtar, who both worked with Voisey on a £250m specialist RMBS transaction for Bluestone Mortgages Limited.

London > Finance > Debt capital markets

Dentons has ‘ friendly team that is always available to discuss and problem solve‘, and clients note that the firm provides ‘strong technical ability, and high partner visibility and supervision‘.  Practice head David Cohen and standout partner Nick Hayday continue to build the DCM team, notably with the hire of ‘first-rate partner‘ Neil Dixon from Linklaters LLP at the end of 2022.  Together, they advise on the full range of DCM products, hence the firm’s promotion in the ranking, though it has particular strength in niches such as sovereign debt, regulatory capital trades, and equity-linked bonds. Hayday, who ‘instils confidence in clients‘, and newly promoted partner Victoria Wyer acted for Republic of Lithuania in the updates of its issuance programme as well as a combined offering of €1.8bn in bonds. Cohen handled an issuer substitution for €300m in outstanding bonds of G City Europe Limited, and advised Haitong Bank on its offering of €230m in floating rate bonds.  Cameron Half, who leads the US Securities practice in EMEA, and trustee and agency specialist Catriona ’Kitty’ Lloyd also play pivotal roles in the practice.