Michael Dakin > Clifford Chance LLP > London, England > Lawyer Profile

Clifford Chance LLP
E14 5JJ

Work Department

Capital Markets



Lawyer Rankings

London > Finance > High yield

(Leading individuals)

Michael DakinClifford Chance LLP

Clifford Chance LLP has a ‘skilled, patient, collaborative and efficient team that makes high yield bond offering processes as smooth as possible‘. Practice head Michael Dakin was involved in one of the most complex deals in the market, having acted for Codere Group on the issuance of multiple tranches of new high yield bridge notes. The restructuring process also included multiple private placements of additional notes offered to the existing bondholders. Andrew Kelly gets ‘a particular shout-out for consistently bringing his A-game‘. John Connolly who specialises in US securities law advice, including advice in connection with registered securities offerings, Rule 144A offerings, private placements and Regulation S offerings, also plays a key role in the practice.

London > Finance > Debt capital markets

Clifford Chance LLP has ‘a top-quality DCM team with an excellent set of hands-on partners‘. The firm is a trusted adviser to many of the world’s leading financial institutions, corporates, governments, supranational organisations and multilaterals on high-value and high-profile deals, among them many market firsts. Simon Sinclair, who leads the practice, and key partner Kate Vyvyan are ‘good technically and they stay involved in their deals‘. Vyvyan and Michael Dakin advised CBRE Global Investors’ on its issue of €500 million of bonds. Vyvyan also acted for the UK government on its inaugural green gilt issue of £10bn. Paul Deakins, who frequently acts for both underwriters and issuers, is ‘the partner of reference in liability management and his excellent technical knowledge and expertise are second to none‘. Deborah Zandstra, who leads the firm’s sovereign debt advisory practice, is ‘superbly creative, smart, and responsive‘. Clare Burgess, who handles a wide range of infrastructure transactions including project bonds, private placements, corporate bonds and multi-source financings, and Andrew Coats, who handles  both privately placed and listed or publicly offered securities, are key figures in the practice. Long-serving partner David Dunnigan retired in 2022.