Philip Snell > Slaughter and May > London, England > Lawyer Profile

Slaughter and May
ONE BUNHILL ROW
LONDON
EC1Y 8YY
England

Living Wage

Work Department

Financing
Acquisition and Leveraged Finance
Capital Markets
Restructuring and Insolvency
Infrastructure and Energy
Debt Capital Markets
Loan Finance and Private Placements

Position

Philip is a partner with a broad banking and finance practice advising corporates, financial sponsors and financial institutions on a wide range of financing transactions including acquisition and leveraged financings, corporate loans, debt capital market transactions, derivatives and restructurings. In particular, Philip advises the treasury departments of a number of large multi-national corporations on their financing transactions and the corporate aspects of these.

Philip’s clients are based in the UK and across the world. They include Arsenal Football Club, Akzo Nobel, BHP Billiton, Eesti Energia, GE, Greencore Group, Homeserve, JCB, Kuwait Foreign Petroleum Exploration Company, Morgan Stanley Real Estate funds, Naspers, Premier Oil, Songbird Estates and Terra Firma.

Career

Trained at Slaughter and May; qualified in 1995; partner at Slaughter and May since 2002.

Education

Oundle School; York University (1991 English); College of Law, York (1993).

Lawyer Rankings

London > Finance > Bank lending: investment grade debt and syndicated loans

(Leading individuals)

Philip SnellSlaughter and May

Lauded for its ‘excellent market knowledge and appreciation for their clients’ commercial position’ Slaughter and May provides a ‘service that is second-to-none’ on behalf of the firm’s market-leading borrower focused client base, that include a huge proportion of FTSE 100/250 coporates. The scope of the work is broad and includes advice on general corporate lending, acquisition finance and refinancings, with a significant amount of recent transactions including pricing ratchets conditional on meeting various ESG-related key performance indicators (KPI). Many of the practitioners within the team have had experience of advising on such transactions, including team head Philip Snell who recently advised South32 on a $1.4bn sustainability-linked credit facility, in what was one of the first of such loans in the mining industry. Recognised as a ‘sound advisor through complex transactions in a very challenging environment’, Matthew Tobin is regularly engaged by major corporates on highly strategic mandates, including his export credit-backed £2bn loan provided to British Airways to ease its liquidity problems in the aftermath of the pandemic. Caroline Philips is also a key member of the team and really understands the commercial and legal implications for treasury teams across a range of financings.

London > Finance > Acquisition finance

Drawing on the expertise of ‘best in class lawyers’ throughout its generalist finance offering, Slaughter and May provides ‘very knowledgeable’ advice to borrowers (including many FTSE listed entities), utilising different finance  products, including TLB, unitranche and loan/high yield bonds, to fund their M&A activity. Philip Snell  heads a team that also includes ‘top-notch banking and finance lawyers’ Edward Fife and Robert Byk  , who plays a key role in the firm’s high end public bid finance practice.