Nick Hayday > Dentons > London, England > Lawyer Profile

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.

Dentons is ‘very well versed in DCM and has experts on every topic‘, though its emerging markets work extends beyond bond issuance and restructuring. The London team leverages the firm’s global office network to handle market-leading projects and financings in Africa, the Middle East, the CEE and CIS regions, as well as Latin America. Head of banking and finance Paul Holland leads the emerging markets group in London. He recently acted for HSBC Bank plc, co-ordinating local counsel in Finland and Brazil, in a secured $780m buyer credit facility for a major Brazilian paper and pulp producer. Debt capital markets partner Nick Hayday ‘instils confidence in clients, is a safe in his hands‘. He advised CPI Property Group on a €700m sustainability-linked bond offering. Debt capital markets specialists Cameron Half and David Cohen  also play key roles in the practice. Half is a key adviser to Hidroelectrica S.A. and assisted the client with its proposed €2bn IPO and listing on the Bucharest Stock Exchange. Derivatives and structured debt partner Matthew Sapte and trade and export finance specialist Ian Clements are frequently involved in emerging markets transactions, and Dominic Spacie advises banks, institutional investors, development finance institutions, contractors, and government entities on international PPP, PFI and concession-based infrastructure-related projects. John Inglis, formerly of Shearman & Sterling LLP, joined as a consultant.