Capital markets in Ireland

A&L Goodbody LLP

A&L Goodbody LLP's 'very technically capable' practice covers the full range of debt (DCM) and equity (ECM) capital markets matters. Paul White and Charlie Carroll specialise in ECM work and have a strong track record in domestic IPOs, as well as international transactions. The DCM group is highly experienced in debt issuances and securitisations, with particular expertise in residential mortgage-backed securitisations (RMBS) for Irish originators, and financial regulation. Key members of the team include practice heads Peter Walker and Ciarán Rogers; Gearoid Stanley, who has expertise in asset-backed and high-yield bond financings; Sinéad O’Connor; and senior associate Michelle Daly.

Practice head(s):

Paul White; Peter Walker; Ciarán Rogers

Other key lawyers:

Gearoid Stanley; Sinéad O’Connor; Adrian Burke; Peter Murray; Jack Sheehy; Charlie Carroll; Alan Casey; Ronan Lyons; Michelle Daly

Testimonials

‘Transparent fees and daily updates on case status.’

‘The capital markets team at A&L Goodbody is very available and very technically capable.’

‘They are always easy to reach and are also great on technical matters. Standout partners include Paul White and Charlie Carroll.’

‘A&L Goodbody is very good. I rate Gearoid Stanley highly.’

Key clients

Davy

RBC Capital Markets

Goldman Sachs International

IPF Partners

Iterum Therapeutics plc

Cairn Homes plc

Osmotica Pharmaceuticals plc

Nabriva Therapeutics plc

Providence Resources plc

Glenveagh Properties plc

Fusion Pharmaceuticals plc

Hibernia REIT plc

Bank of Ireland Group plc

IPUT plc

Finance Ireland Credit Solutions DAC/ Finance Ireland RMBS No.1 DAC

Commerzbank London Branch (Manager of the Bosphorus CLOs)

Allied Irish Banks, p.l.c.

Permanent TSB Group Holding plc

Morgan Stanley

Bank of America Merrill Lynch

Barclays Bank plc

Deutsche Bank

Merrill Lynch International

Jazz Pharmaceuticals plc

Endo International plc

Adient plc

Work highlights

  • Advised Davy and RBC Capital Markets as joint bookrunners on the IPO of Uniphar plc.
  • Advised Bank of Ireland on its €675m alternative tier 1 bond issuance under Irish law.
  • Advised Finance Ireland Credit Solutions DAC and Finance Ireland RMBS No.1 DAC on the Irish aspects of the Irish law RMBS under which FIRMBS issued €306m of notes.

Arthur Cox

Arthur Cox is a 'leader' in the capital markets space, acting on complex, high-value DCM and ECM matters. The DCM group has been highly active in securitisations, as well as public, high-yield and green bond issuances. The team includes Cormac Kissane, Glenn Butt, who leads the firm's Russian capital markets group, and Aiden Small, who has notable expertise in the structuring of credit originator platforms. On the ECM side, the team, which includes Maura McLaughlin and Cian McCourt, has extensive experience advising Irish-listed companies and Irish plcs listed on the NYSE and Nasdaq on IPOs and capital raisings.

Practice head(s):

Cormac Kissane; Cian McCourt

Other key lawyers:

Glenn Butt; Aiden Small; Phil Cody; Brendan Wallace; Maura McLaughlin; Stephen Ranalow; Chris McLaughlin; Conor McCarthy

Testimonials

‘The team has a broad and deep knowledge of the capital markets space. The partners on the team are pre-eminent in their field and come with a breadth of experience that is streets ahead of the competition.’

‘Cormac Kissane is a class act, an outstandingly astute and pragmatic operator with a deep knowledge of his field. He is hugely responsive and has an instinctive understanding of our priorities and our needs.’

‘The team at Arthur Cox are simply leaders in this space. Their knowledge and expertise in the equity capital markets space in particular is truly exceptional and they are extremely skilled in their approach to capital raisings and IPOs.’

‘The approachability, availability and knowledge of each individual deserves a call-out. Allied to that, the cohesion within the teams themselves is fantastic and is clearly evident in the output received. Aiden Small and Cian McCourt warrant particular mention.’

‘The DCM team at Arthur Cox have a very sophisticated understanding of the market. They have impressive bench depth and can always put forward a strong and responsive team.’

‘For debt capital markets work, Phil Cody is one of the standout partners. He is my go-to Irish counsel for debt transactions, in particular anything with an added level of complexity. He is technically excellent, has great industry experiences and deep market knowledge. I have recommended him to colleagues and they have always found him a pleasure to deal with and someone who gives clear, pragmatic advice. As Arthur Cox’s NY head, his exposure to the New York market, in my view, gives him a unique perspective among Irish DCM lawyers.’

‘They’re quick, knowledgeable and proactive. The depth of knowledge and certainty across the team is unlike any other I’ve seen in Dublin.’

‘Glenn Butt is excellent at what he does. He is pragmatic, thoughtful and clear about the pros and cons of any options.’

Key clients

Goldman Sachs

Morgan Stanley

Citigroup

Bank of America

Credit Suisse

Bank of Ireland

Lone Star

CarVal

M&G

KKR

Blackstone/GSO

Partners Group

Alkermes plc

Allegion plc

Allergan plc

Applegreen plc

Avadel Pharmaceuticals plc

Bank of Ireland plc

CRH plc

Eaton Corporation

Flutter Entertainment plc

Fusion Fuel Green plc

Glanbia plc

Grafton Group plc

Greencore Group plc

Green REIT plc

Johnson Controls International plc

Mallinckrodt plc

Linde plc

Medtronic plc

nVent Electric plc

Pentair plc

Ryanair plc

Seagate Technology plc

Strongbridge Biopharma plc

Total Produce plc

Trane Technologies plc

Work highlights

  • Advised Société Générale Corporate & Investment Banking and Merrill Lynch International as underwriters of Dell Bank International DAC on its debut €500m eurobond.
  • Advised AIB plc in respect of a securitisation by EBS d.a.c. and Haven Mortgages Limited of a €4bn portfolio of performing residential mortgage loans arranged by BofA Securities and intended to qualify as a simple, transparent and standardised (STS) securitisation.
  • Advised Flutter Entertainment plc on its recommended all-share combination with The Stars Group Inc. and £812.6m placing.

Matheson

Matheson has 'excellent technical and industry knowledge' in DCM and structured finance matters, where it is highly active in note issuances - with particular expertise in the collateralised loan obligation (CLO) space - as well as cross-border securitisations. Notable DCM team members include practice heads Turlough Galvin and Christian Donagh; Richard Kelly, who is also experienced in the regulation of derivatives transactions; and senior associate Micheál Buckley. George Brady is a key contact on the ECM side of the practice, which was strengthened by the arrivals of David Fitzgibbon, Susanne McMenamin and David Jones from William Fry in 2019 and 2020.

Practice head(s):

Turlough Galvin; Christian Donagh; Alan Keating; David Fitzgibbon

Other key lawyers:

Fergus Bolster; George Brady; Richard Kelly; Madeline McDonnell; Susanne McMenamin; David Jones; Micheál Buckley

Testimonials

‘Matheson’s finance and capital markets team delivers excellent advice, consistently provides responses and advice within short timeframes and is always at hand to answer any query. The team is focused on delivering effective solutions and has excellent technical and industry knowledge.’

‘Turlough Galvin, Christian Donagh, Micheál Buckley and Richard Kelly all provide an exceptional service with turnaround times that are second to none. Responsiveness, knowledge and expertise are their standout qualities.’

Key clients

Deutsche Bank

Credit Suisse

BNP Paribas

Societe Generale

BlackRock

Oaktree Capital

BlueMountain Capital Management

Funding Circle

UBS

Goldman Sachs

UniCredit Bank AG

Landesbank Baden-Württemberg

Helaba

DZ Bank AG

Ally Bank

Banco Sabadell

BBVA

Sound Point Capital Management

Blackstone/GSO

Ares Management

Crayhill Capital Management

PGIM

WisdomTree

CBAM Partners

Stenn International

Steris

Fidante Capital plc

Ireland Strategic Investment Fund

Willis Towers Watson plc

Eaton Corporation plc

Weatherford International plc

Tullow Oil plc

Fidante Capital

Smurfit Kappa Group plc

Aon plc

Work highlights

  • Advised Funding Circle on the £250m securitisation of 3,000 SME loans originated by the client in the UK.
  • Advised Dell Bank International DAC in connection with its issuance and listing of €500m in senior unsecured bonds.
  • Advising Aon plc on its migration from the UK to Ireland.

McCann FitzGerald

McCann FitzGerald has significant experience in high-profile ECM and DCM transactions in the Irish market. The DCM group is skilled in handling bond issuances, note programme work and securitisations, with notable expertise in sustainable finance-linked transactions such as green bond issuances. Fergus Gillen leads the team, Adrian Farrell has 'excellent experience' in cross-border DCM and structured finance matters, and Judith Lawless has significant expertise in derivatives. The ECM team led by Aidan Lawlor has a strong track record in domestic and international IPOs, share placing and delistings. David Byers, Stephen FitzSimons and Gill Lohan are among the key contacts.

Practice head(s):

Aidan Lawlor; Fergus Gillen

Other key lawyers:

Adrian Farrell; Judith Lawless; Hugh Beattie; Éamon Ó Cuiv; David Byers; Stephen FitzSimons; Gill Lohan; Conor O’Dwyer

Testimonials

‘The team is always available and does an excellent job tailoring the advice to the audience and the subject matter. They also do a great job of finding creative solutions to problems and using solid judgement in raising issues to the client.’

‘Stephen FitzSimons provides excellent client service. He works hard and provides outstanding work product, but he also takes the time to understand the client’s needs and even anticipate them. And he excels at finding creative solutions to help the client meet its goals.’

‘Adrian Farrell has excellent experience.’

‘Judith Lawless is an exceptional practitioner. Her diligent, thoughtful and proactive approach is valued very highly by me and my colleagues. Her expertise in the Irish market and derivatives products and documentation is second to none. In particular, Judith makes a special effort to commit her time and expertise to the advancement of important industry projects, initiatives and events. I am very appreciative for all that she does to support our business strategy and objectives.’

‘Derivatives can be a complex legal matter that in-house peers may not have much exposure to on a day-to-day basis depending on the industry they work in. The lawyers at McCann FitzGerald are excellent at explaining this complex area in an easy-to-understand way.’

‘Judith Lawless is an excellent communicator, practical and proactive.’

Work highlights

  • Advised Greencoat Renewables on its €125m share placing.
  • Advised Mainstay Medical on its group reorganisation and the delisting of its shares on Euronext Growth Dublin and Euronext Paris.
  • Advised the Electricity Supply Board on the issuance of its €500m 1.125% fixed-rate green bond.

Walkers

Walkers' 'proactive and responsive' team has extensive experience in DCM and particularly securitisation and structured finance matters. The team is active in European CMBS and RMBS transactions and has a strong track record of acting for managers in the CLO space. Other specialist areas of expertise include significant risk transfer (SRT) trades and insurance linked securities (ILS) issuances in Ireland. The sizeable team led by Garry Ferguson includes Noeleen RuddyAndrew Traynor, who has significant SRT expertise, Matt Hedigan, who has been active advising on novel asset classes such as litigation funding, Ian McNamee and Paddy Rath.

Practice head(s):

Garry Ferguson

Other key lawyers:

Noeleen Ruddy; Andrew Traynor; Matt Hedigan; Ian McNamee; Paddy Rath

Testimonials

‘Great energy and focus on transactions and the surrounding developments in the industry; very proactive and responsive; seamless integration with their corporate services and listing teams.’

‘Paddy Rath and Noeleen Ruddy are a great team that have really developed a fantastic Irish CLO team. Very collaborative with each other internally and with others on transactions. Very proactive about keeping in touch off deal.’

‘Very hard working and keen to find solutions. They have a good grasp of the international aspects of complex transactions.’

‘Matt Hedigan is very hardworking and flexible. He is laser-focused on the client’s needs and always tries to find a way to deliver. It’s a pleasure to work with him.’

‘Super efficient as a team, things did not get lost in translation amongst team members and work products were delivered at high quality and within the promised timeline.’

‘Both Ian McNamee and Andrew Traynor were super approachable and efficient in addressing legal issues that arose in the transaction and proposing a workable solution. Plus, I find it important to note that both are a pleasure to work with on a personal level – it should not be underestimated that this also ultimately contributes to a better result for the (in this case) common client.’

‘I have found Walkers to be much more entrepreneurial than their competitor firms. They are willing to help to structure a deal in circumstances when other firms would be reluctant to take the risk of the deal not happening.’

‘Matt Hedigan is always available; knows his area very well; and is highly personable.’

Key clients

Achmea Reinsurance Company NV

Accunia Credit Management Fondsmæglerselskab A/S

Assicurazioni Generali S.p.A.

AXA Global P&C

Bain

Banco Santander/ Santander Consumer Finance/ Santander UK/ Santander Portugal

Bank of America Merrill Lynch (BAML)

Bank of Scotland

Bardin Hill

Bench Walk Advisors, LLC

Covéa

Deutsche Bank AG

DXC Technology

Goldman Sachs

Infrastructure Finance & Trade Limited

Lloyds Bank plc

Macquarie Bank

Man Group plc

Munich Re

Oak Hill Advisors

Onex Capital Partners

Pinebridge Investments

Rothschild/ Five Arrows

Securitas Group

SCOR Global P&C

Tramontana Asset Management

Unicredit Bank AG

UnipolSai Assicurazioni S.p.A.

Work highlights

  • Acted as local legal counsel on Goldman Sach’s River Green Finance 2020 DAC securitisation.
  • Acted as Irish legal and tax counsel and TISE listing agent to Bank of Scotland on its Syon Securities synthetic RMBS.
  • Acted as Irish legal and tax adviser to UnipolSai Assicurazioni S.p.A. on the establishment and approval of the first multi-arrangement catastrophe bond programme authorised by the Central Bank.

William Fry

The 'diligent and personable' team at William Fry has an excellent reputation in the ECM space, with extensive experience of advising Irish public companies on IPOs and capital raisings, as well as in acting for underwriters. Myra Garrett and Mark Talbot are key contacts in the ECM team, which is particularly noted for its expertise in the technology sector. On the DCM side, the firm expanded its practice in May 2020 with the hire of new practice head Matthew Cahill, who has significant experience in securitisation, from gunnercooke LLP in London. David Maughan and Elaine Hanly are also recommended.

Practice head(s):

Matthew Cahill; Myra Garrett

Other key lawyers:

Mark Talbot; David Maughan; Elaine Hanly; Barbara Kenny

Testimonials

‘Matthew Cahill is a highly experienced capital markets lawyer and will offer a great deal to clients. Matthew has worked on a number of complex matters in London and elsewhere and his experience will be invaluable.’

‘Matthew Cahill is a very strong addition to the firm’s offering. Matthew has a very good reputation for capital markets matters.’

‘Matthew Cahill is an extremely personable and client-focused lawyer. What sets William Fry apart is Matthew’s deep experience in the London and other international markets in securitisation and capital markets and he is able to bring this experience to his role as Irish counsel. This is pretty rare. ’

‘Specific industry knowledge in the technology space and a pragmatic approach.’

‘Myra Garrett has been front and centre on advising us through the various stages of our growth journey and has been a trusted adviser.’

‘Working with the William Fry team, I have found them to be highly professional, diligent and personable. Their approach is commercial, spending time where it is needed and able to delineate what is important and what is not. In a capital markets forum this is key as, in addition to value for time and money, an ability to be nimble and efficient is important.’

‘I have worked with Mark Talbot and Barbara Kenny, both of whom have been a delight to work with. Diligent, thorough, reliable and the team work hard whilst keeping the client and the commercial aspects at the forefront of decision making.’

Key clients

Pollen Street Capital

Irish Residential Properties REIT plc

Finance Ireland

Smurfit Kappa Group

DCC plc

BNP Paribas

Yew Grove REIT

RBC Capital Markets

J & E Davy

Jefferies International

Ardagh Group

Credit Suisse

Allianz Global Investors GmbH

Anima Holding S.p.A.

British Airways

Glenveagh Properties plc

FINEOS Corporation Holdings plc

Uniphar plc

Cpl Resources plc

Mincon Group plc

Trinity Biotech plc

Irish Department of Finance

Goodbody

Barclays Bank plc

TD Securities

Investec

Morgan Stanley

BlackRock Advisers (UK) Limited

BBVA Global Markets B.V.

Work highlights

  • Acted as lead counsel for FINEOS on its AU$211m IPO on the Australian Securities Exchange.
  • Acted as legal counsel to Allianz Global Investors GmbH as the bond purchaser of notes which were issued by Dublin Port Company.
  • Acted for RBC Capital Markets and Davy on their roles as joint bookrunners on the establishment of Greencoat Renewables’ 350m share issuance programme and initial placing under that programme raising €125m.

Dillon Eustace

Dillon Eustace's strong DCM practice covers cross-border securitisation, structured finance, high-yield and corporate bond issuances and the establishment of medium-term note programmes. The team has experience acting for Irish and international issuers and financial institutions, and Conor Keaveny has a niche expertise in advising Russian banks. Other key contacts include Keith Robinson and John-Hugh Colleran, who are highly experienced in non-performing loan transactions, among other matters, and former managing partner Mark Thorne, who returned to the practice full time in August 2020.

Practice head(s):

Mark Thorne

Other key lawyers:

Conor Keaveny; Keith Robinson; John-Hugh Colleran; Conor Kiernan

Key clients

Goldman Sachs

FBD Holdings

Deutsche Bank AG

Gazprombank

AXA

Evoca SpA

AIG

Absolute Return Partners LLP

Cott Corporation

Kinnerton Credit Management

DFC Global Corporation

Otkritie

Helios Towers

FCS Funds and Capital Solutions

Celtic Investment Opportunities

Lasalle Investment Management

Work highlights

  • Advised a client on its subscription for notes issued by Permanent TSB backed by a portfolio of residential mortgages.
  • Acting as lead counsel to the issuer on the establishment of an asset-backed medium-term note programme of up to $5bn and in relation to ongoing series issuances.
  • Advised an international investment manager in respect of the establishment of a new note issuance platform to facilitate the investments and the restructuring of an existing platform.

Maples Group

Securitisation and structured finance are key areas of strength for Maples Group's 'responsive and practical' team, which has significant expertise in CLO structuring and transactions, acting for a large number of collateral managers. The team, which is assisted by the firm's fiduciary services division, MaplesFS, on regulatory matters, is also increasingly active in high-yield bond issuances, non-performing loan portfolio transactions and fund-linked structures. Practice head Stephen McLoughlin has particular experience in securitisation matters, and the 'extremely knowledgeable' Callaghan Kennedy is also a key contact. Patrick Quinlan leads the ECM practice.

Practice head(s):

Stephen McLoughlin; Patrick Quinlan

Other key lawyers:

Callaghan Kennedy

Testimonials

‘A very focused firm that has been a fantastic specialist in its areas with great responsiveness and market context in its advice. Real team players on transactions. The seamless integration with their listing team and corporate service provider team is a real value add.’

‘Callaghan Kennedy is very helpful, responsive and market savvy. The associate bench the firm has built up over the years is very impressive and they have a great resourcing model with a very uniform level of service and culture.’

‘Responsive and practical.’

‘They have very good all-round capabilities to assist asset managers for all types of queries and structures.’

‘The team has a great deal of knowledge of funds and the most recent trends in fund finance. The entire team is very easy to work with and very knowledgeable.’

‘The team is well resourced and always available to answer questions or work on new projects at very short notice.’

‘Callaghan Kennedy is an extremely knowledgeable lawyer and handles all matters with speed, grace and creativity. He not only excels at answering technical questions but also stands out as a solutions-oriented thought leader and relationship manager. He truly makes the experience of working with him a positive one. ’

‘Stephen McLoughlin and his team are very responsive and pragmatic in their advice. They are my preferred Irish counsel. I don’t need to worry about the Irish aspects of a transaction when Stephen and his team are involved.’

Key clients

Barclays Capital

CVC Credit Partners European CLO Management LLP

Goldman Sachs International

Citibank

Mizuho International

Intermediate Capital Group

Bank of America Merrill Lynch

Morgan Stanley

HPS Investment Partners LLC

Fair Oaks Capital Limited

TwentyFour Asset Management LLP

Liberty Global

Cabot

BlueBay Asset Management

Spire Partners

North Wall Capital

Capital Four Management

Nomura International plc.

Guggenheim Investment Partners Management LLC

Goldentree Loan Management LP

CIFC

Invesco Senior Secured Management Inc

Angelo Gordon

Draper Esprit Plc

J&E Davy

Work highlights

  • Advised Small Business Loan Origination Trust 2019-2 DAC on a rated securitisation of UK SME receivables originated on the Funding Circle marketplace platform.
  • Advised TwentyFour Asset Management on its ongoing origination and securitisation issuance programme of UK residential mortgages utilising an Irish SPV origination and issuance structure.
  • Advising Spire Partners on an ongoing basis in respect of its European CLO issuance activity under the Aurium series.

ByrneWallace LLP

ByrneWallace LLP predominantly acts on ECM matters and stands out for its expertise in handling transactions for Irish-headquartered companies in the natural resources and life sciences sectors. The team has experience advising on IPOs and secondary fundraisings, as well as compliance matters. Gerry Beausang, who is noted for his 'sound commercial advice', is the key contact.

Practice head(s):

Gerry Beausang; Joe Gavin; Damien McShane

Other key lawyers:

Colin Sainsbury

Testimonials

‘I only use ByrneWallace in Dublin for our capital markets needs. Gerry Beausang and his team have provided good sound commercial advice to us at a lower cost.’

‘Gerry Beausang is a very good adviser to have in your corner, and is very easy to work with.’

‘ByrneWallace has a number of outstanding individuals to support specific projects. The key partner is Gerry Beausang, whose advice is always clear and relevant to our situation. Gerry provides us with an excellent legal basis to make well-informed commercial decisions.’

Key clients

Q3 Medical Devices

Mainstream Renewable Power

Amryt Pharma Plc

Great Western Mining Corporation plc

Aminex Plc

PetroNeft Resources plc

Work highlights

  • Advising Q3 Medical Devices in relation to its proposed flotation on the Hong Kong Stock Exchange.
  • Advised Amryt Pharma Plc in relation to the acquisition of Aegerion Pharmaceuticals Inc and a $60m equity fundraising to support working capital requirements and fund costs associated with the transaction.
  • Advised Great Western Mining Corporation Plc in relation to an equity fundraising.

Eversheds Sutherland

'Responsive, technically strong and commercial', the team at Eversheds Sutherland advises on DCM and ECM transactions, with experience in bond issuances, initial and secondary share placings, and regulatory issues relating to listed companies. The team can also draw on the support of the firm's network of offices across Europe for multi-jurisdictional matters. Practice head Lee Murphy counts numerous Irish public companies among his clients.

Practice head(s):

Lee Murphy

Other key lawyers:

Ryan Duggan

Testimonials

‘Very proactive and knowledgeable across industry matters.’

‘Lee Murphy and the team are very professional and friendly in their manner, showing a high degree of flexibility to address matters when advice is needed.’

‘Responsive, technically strong and commercial.’

‘Proactive, diligent and knowledgeable. Lee Murphy showed great patience and commerciality.’

‘Eversheds Sutherland in Dublin provides a seamless service across capital markets, property and corporate advice in our experience. The partners are highly visible and skilled and they are able to deliver excellent outcomes for their clients. I rate and trust them highly.’

‘Lee Murphy provides excellent advice and great client service.’

‘We would consider its global presence as a key differentiator versus indigenous only firms. Whilst international firms have established offices in Ireland in recent years, what is different with Eversheds is that an existing established firm became part of an international firm. As such they typically have greater depth and breadth of offering in the Irish market than other international firm offices.’

‘In general their team and people are personable, with strong soft skills as well as legal know-how. They are collegial with other advisers and their clients and bring a will-do attitude to the deal. They don’t grandstand and look to make the deal about them. Lee Murphy is a standout partner in all respects.’

Key clients

Dublin Port Company

Finance Ireland DAC

Goodbody Stockbrokers UC

Investec Bank plc

Open Orphan DAC

Cairn Homes plc

Hibernia REIT plc

Venn Life Sciences Holdings plc

Kingspan plc

Hanover Investors

AWG Holdings plc

Computershare

Ecovista plc

Integumen plc

Knight Frank

Prime Active Capital

Work highlights

  • Acted for Dublin Port Company in respect of its issuance of €300m Class A unsecured fixed rate bonds on the Global Exchange Market of Euronext Dublin.
  • Acted for Goodbody Stockbrokers UC on the €25m secondary fundraise of Yew Grove REIT plc.
  • Acted for Finance Ireland DAC in respect of its first securitisation comprising €223m of commercial loans, which included the issue of mortgage-backed notes on the Global Exchange Market of Euronext Dublin.

LK Shields Solicitors LLP

LK Shields Solicitors LLP focuses on DCM work and is particularly experienced in acting for issuers of bonds backed by portfolios of life settlement policies. The team also advises on green bonds, bespoke securitisation structures for a range of asset classes and regulatory issues. Key contacts include practice head Adrian Mulryan and managing partner David Williams.

Practice head(s):

Adrian Mulryan

Other key lawyers:

David Williams; Garry Wynne

Key clients

Camber 4 plc

Camber 7 plc

LTI Notes Series 1 DAC

CCA Longevity DAC (Corry Capital Advisors)

Alpha Growth plc

Audacia Capital

Gentium Global

Veritas Group

Work highlights

  • Advised Corry Capital on an urgent $500m restructure of a fund platform due to changing Central Bank of Ireland rules on life settlements.
  • Continuing to advise Camber 4 plc on its ongoing activities.
  • Providing ongoing advice to a notes issuer, a section 110 company which was established to facilitate investment by a large institutional investor into a portfolio of life settlement policies held in an Irish regulated investment fund.

Mason Hayes & Curran LLP

Mason Hayes & Curran LLP has a strong track record in ECM matters as well as a growing DCM practice, led by Daragh O’Shea, which has substantial experience advising on the establishment of medium-term note programmes and debt issuances. Justin McKenna heads the ECM practice, which acts for a number of Irish-listed companies.

Practice head(s):

Justin McKenna; Daragh O’Shea

Other key lawyers:

David Mangan; Marc Wilkinson

Testimonials

‘Excellent and pragmatic legal support. This firm will go beyond the call of duty!’

‘Justin McKenna is pragmatic, effective and personable. He gets the deal done.’

Key clients

Flexfunds

Apex Corporate Trustees (UK) Limited

Convexity Capital Partners

Work highlights

  • Providing ongoing advice to Flexfunds Ltd, an arranger and provider of customised repackaging and asset-backed securitisation products.
  • Providing ongoing advice to Apex in its capacity as trustee on MBA Community Loans PLC’s €1bn secured limited recourse note programme.