Catriona ’Kitty’ Lloyd > Dentons > London, England > Lawyer Profile

Dentons
ONE FLEET PLACE
LONDON
EC4M 7WS
England
Catriona ’Kitty’ Lloyd photo

Position

Partner

Career

Kitty is a partner in Dentons’ Capital Markets practice. She advises trustees, security agents, custodians, cash managers, collateral administrators, account banks and other agency providers on a wide range of capital markets products, including listed Eurobonds, private placements, EMTN and CP programs, equity-linked issues, regulatory capital and hybrid capital issues, high-yield bonds, loan participation notes, covered bonds and project bonds, Islamic finance and structured products, such as RMBS, CMBS, CLOs and repackaging transactions. She also advises security agents and facility agents on secured and unsecured bank financings.

Kitty regularly advises trustees and other agency providers on a wide range of “post-issue” matters, such as liability management transactions, potential and actual defaults, consent solicitations, exercises of trustee discretion and restructurings.

Prior and present experience:

  • Partner – Dentons (2017 – present)
  • Counsel – Linklaters, Capital Markets practice (2005 – 2017)
  • Managing Associate  – Linklaters (1999 – 2005), including a nine-month secondment to the Investment Banking Division of Morgan Stanley
  • Solicitor  – Linklaters (1994 – 2005)
  • Associate – Linklaters (1994 – 1999)
  • Trainee Solicitor – Linklaters (1992 – 1994), including a secondment to the Hong Kong office

Lawyer Rankings

London > Finance > Debt capital markets

Dentons provides ‘timely deliverables and good visibility of the process‘, with one client remarking that the firm ‘always comes up with required solutions and is very professional in dealing with other parties‘. The firm is best known for its emerging markets debt practice, and lead partner David Cohen assisted Republic of Kenya with its offering of $1bn in amortising notes to institutional investors in the US. Nick Hayday, who is ‘very client-oriented and has excellent relationship skills‘, has a diverse practice that sees him act for underwriters and issuers in connection with eurobonds, private placements, MTN programmes, and loan participation notes, as well as Islamic finance securities. Hayday and Cameron Half, who leads the US Securities practice in EMEA, acted for Georgian telecommunications company JSC Silknet in its $300m debut Rule 144A/Reg S bond issue. Catriona ’Kitty’ Lloyd is a key adviser to corporate trustees and security agents. Senior associate Victoria Wyer is ‘great at coordinating different work flows‘.

London > Finance > Securitisation

The lawyers at Dentons are ‘very approachable and knowledgeable on securitisation matters and talk in an easy-to-understand manner.‘ ‘They pull together to deliver the work required and provide great communication‘, remarks one source, noting that the firm offers ‘‘excellent professional service, providing timely and high-quality advice on complex securitisation matters‘. The firm is best known for its work on mortgage loan transactions, trade receivables, and securitisations of corporate loans, trade finance receivables and auto loans. Peter Voisey, who is ‘an expert in his field, very experienced in secured funding matters and communicates very clearly‘, leads the practice along with Edward Hickman, who focuses on loan portfolio sales, financing and servicing across Europe. Voisey acted for Coventry Building Society in a the update of its RMBS programme and the issuance of £350m in notes thereunder. Hickman led a team that assisted Oaktree Capital with the first European non-performing loan securitisation structured to be offered to US investors. Catriona ’Kitty’ Lloyd is highly regarded for her advice to trustees, security agents, custodians, cash managers, account banks and other agency providers on securitisation.