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Dentons

Living Wage
ONE FLEET PLACE, LONDON, EC4M 7WS, ENGLAND
Tel:
Work 020 7242 1212
Fax:
Fax 020 7246 7777
DX:
242 LONDON CHANCERY LANE WC2
Web:
www.dentons.com

Nick Hayday

Tel:
Work +44 20 7246 7516
Email:
Dentons

Position

Nick is a partner in Dentons' Capital Markets practice. He focuses on a wide range of securities work, including advising underwriters and issuers in connection with issues of debt (listed eurobonds, private placements, medium-term note programmes, loan participation notes), equity, equity-related and Islamic Finance securities in international markets. Nick has particular experience in the emerging markets, especially in Central and Eastern Europe and Africa, where he is forging a reputation for executing difficult deals to demanding timetables.

Career

  • Partner – Dentons (2017 – present)
  • Counsel – Freshfields Bruckhaus Deringer (2016 – 2017)
  • Senior Associate – Freshfields Bruckhaus Deringer (2011 – 2015)
  • Managing Associate – Linklaters (2008 – 2011)
  • Associate – Linklaters, including a secondment to the Equity and Debt Transaction Legal team at Nomura in London (2004 – 2008)
  • Trainee Lawyer – Linklaters, including a secondment to the Prague office and to the Debt Capital Markets Transaction Execution Group at J.P. Morgan in London (2002 – 2004)

Education

  • Oxford Institute of Legal Practice, 2001, LPC
  • University of Bristol, 1999, B.A. (History)


London: Corporate and commercial

Equity capital markets

Within: Equity capital markets

Dentons' 'very effective' practice provides 'rapid responses', and is frequently active on complex cross-border mandates. 'Capital markets guru'¬†Nikolas Colbridge¬†has 'deep knowledge of the global equity capital markets environment'; he acted for DP Eurasia on its ¬£148m IPO on the LSE. Colbridge,¬†Nick Hayday¬†and¬†Darren Acres¬†advised Hurricane Energy on a $300m equity fundraising and a $230m fundraising involving convertible bonds via accelerated book-build.¬†The 'very talented', US-qualified¬†Cameron Half, who has 'deep knowledge of equity capital markets, depositary agreements and investment banking', acted for VGP on its ‚ā¨285m follow-on equity offering. The 'stellar, business-oriented'¬†Neil Nicholson¬†'always puts client service first';¬†Brian Moore¬†and¬†Guy Norfolk¬†are also recommended.

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London: Finance

Debt capital markets

Within: Debt capital markets

Dentons¬†has a strong emerging markets debt practice and is continuing to invest in the capital markets team. Having brought in¬†Nick Hayday¬†from¬†Freshfields Bruckhaus Deringer LLP¬†and¬†US securities partner¬†Cameron Half¬†from¬†Allen & Overy LLP, the firm subsequently added highly regarded trustee partner¬†Catriona Llloyd¬†from¬†Linklaters LLP¬†to round out its DCM capability. From London, the firm provides¬†English and US securities law expertise to advise on international bond issues across Africa, the Middle East, Turkey and Central and Eastern Europe. Its work encompasses sovereign debt and notes offerings by financial institutions and energy companies, as well as liability management transactions and sukuks. It also handles debt restructuring and defaults for¬†corporate trustees. Head of debt capital markets¬†David Cohen¬†has a long track record of emerging markets transactions and with Hayday he advised¬†Lietuvos Energija, which is one of¬†the largest state-owned energy companies in the Baltic region, on the establishment of an EMTN programme and its ‚ā¨300m¬†debut Regulation S green bond issue. Hayday's highlights also included acting for Hurricane Energy in its $520m fundraising, which included $230m of convertible bonds, to develop¬†untapped oilfields on the UK continental shelf. Half handled the US securities aspects of that deal. Also recommended are¬†Nikolas Colbridge¬†and rising star associate¬†Gareth Burton.

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Emerging markets

Within: Emerging markets

Dentons¬†is 'responsive, clear and pragmatic' on structured finance transactions in emerging markets. One client praises the lawyers' 'availability, really fast response times and excellent industry knowledge'. The firm has a large network of offices around the world, on which the London office draws for deep sector expertise and local market knowledge. Its track record in Africa goes back more than¬†50 years, though it also focuses heavily on the Middle East,¬†Russia and the CIS for banking and finance transactions. The firm's respected¬†Islamic finance practice frequently handles sukuks and other shari'ah-compliant structures. Capital markets is its key area of work in emerging markets, though it also handles¬†energy projects, and trade and project finance transactions. Its highlights deals from 2017 included acting for Lithuanian energy company Lietuvos Energija on its ‚ā¨300m green bond offering under its EMTN programme. This was the first international green bond issues in the CEE region, and¬†DCM specialists¬†Nick Hayday¬†and¬†David Cohen¬†¬†led the transaction.¬†Celia Gardiner¬†is a leading light in structured trade and commodity finance and one client describes her as 'very strong at simplifying complicated matters, and very clear and persuasive in her explanations'. She advised¬†Sumitomo Mitsui Banking Corporation on a $1.3bn pre-export finance facility for the Ghana Cocoa Board.¬†Paul Holland¬†leads the London banking practice and is a core member of the Islamic finance group.¬†US securities partner Cameron Half¬†handles high-profile debt and equity transactions.¬†Also recommended are¬†international oil, gas and power sector expert Danielle Beggs, infrastructure partner Dominic Spacie, energy sector finance expert Tim Pipe, and syndicated loan practice head Isaac Felberbaum.

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Legal Developments by:
Dentons

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    The United Arab Emirates (UAE) is strategically placed between Europe and the Far East. The UAE has been ranked among the top 15 maritime nations by the United Nations Conference on Trade and Development and the UAE Government is working on plans to transform the shipping industry into one of the country’s major economic sectors.
    - SNR Denton

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