Stephen E Kensell > Latham & Watkins > London, England > Lawyer Profile

Latham & Watkins
99 BISHOPSGATE
LONDON
EC2M 3XF
England
Stephen E Kensell photo

Work Department

Partner

Position

Stephen Kensell is a Partner in the London office of Latham & Watkins and a member of the Finance Practice. Mr. Kensell is one of the market’s foremost banking practitioners, with more than 20 years’ experience advising top financial institutions on a broad range of complex financing matters.

Mr. Kensell has an outstanding reputation as one of the leading creditor-side lawyers in the London bank finance market. He has vast experience advising clients on a variety of event-driven financings, with particular expertise in leveraged, investment grade M&A and IPO related finance.

Lawyer Rankings

United States > Finance > Commercial lending

Latham & Watkins LLP is one of the premier choices for borrower and lender work, with top-notch teams of lawyers spread throughout its US network of offices. The borrower side of the practice, which is particularly active in Washington DC thanks to its relationship with Carlyle Group, acts for a broad mix of private equity houses and corporates. Recently, the team advised CommScope, a US communications cable maker backed by Carlyle, on the financing of its $7.4bn takeover of Arris, the UK-based entertainment and networking equipment maker. Other key clients include Caesars Resort Collection, which it advised on a $1.7bn bond offering to finance existing debt. The firm’s cross-border capabilities and strong banking relationships were demonstrated by its advice to JPMorgan Chase, Sumitomo Mitsui Banking Corporation and MUFG Bank as lead arrangers on the $30.9bn bridge credit facilities to Takeda Pharmaceutical Company to partly fund its acquisition of Shire. Other banking clients include Credit Suisse, Citibank, and Antares Capital. New York-based banking practice chair Daniel Seale jointly leads the top-tier team alongside vice chairs Greg Robins in Los Angeles and Stephen Kensell in London. Other key figures include New York managing partner Michèle PenzerChristopher PlautMelissa Alwang, and Scott Gottdiener on the lender side. Jeffrey R. Chenard and Joshua Tinkelman are also recommended for their borrower side advice.

London > Finance > Acquisition finance

(Hall of Fame)

Stephen KensellLatham & Watkins LLP

Benefiting from an equally strong offering on the high yield and bank debt front, Latham & Watkins is a perennial presence in the market on many of the largest and most sophisticated mandates for lenders and borrowers. Able to mobilise extensive resources from across the firm’s international network, as well as being particularly adept at structuring deals utilising highly bespoke private finance solutions (including the implementation of PIK loans, US Term Loan B’s, private high yield notes and other hybrid investments), the team is noted for its ‘high levels of creativity’. The ‘very experienced’ Stephen Kensell and the ‘superb’ Mohamed Nurmohamed have an excellent reputation among many leading investment banks, with Nurmohamed recently working alongside colleagues from the US on behalf of JP Morgan, on the term loan facilities in connection with Takeda Pharmaceutical Company’s acquisition of Shire Plc. On the private equity front, team head Sam Hamilton continues to handle a plethora of financings for Nordic Capital, while the ‘excellent’ Dominic Newcomb regularly handles work for large US private equity sponsors. Ross Anderson is also recommended and ‘really gets the negotiating dynamic’ on behalf of a plethora of major banking clients on cross-border acquisition finance mandates.

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

(Hall of Fame)

Stephen KensellLatham & Watkins LLP

Although it is best-known for its leveraged finance prowess, Latham & Watkins‘ strong investment banking ties with heavy hitters including JP Morgan and Goldman Sachs ensures that it also regularly picks up its fair share of syndicated loans work and investment grade M&A financings. The team is particularly well-positioned to advise on bespoke cross-border mandates which involve deep knowledge across the capital structure, including on dual bank and bond financings. The vastly experienced Stephen E Kensell‘s leading bank-side reputation sees him engaged in a significant flow of investment-grade M&A and IPO-related finance. He recently advised HSBC on the term loan and revolving credit facilities in connection with Cineworld Group’s $4.3bn acquisition of Regal Entertainment Group.