Complex bond offerings and debut bond issuances are key areas of activity for King & Spalding LLP, which continues to act for issuers, sponsors, and leading investment banks. Peter Schwartz leads the team and advises European and North American clients on high-yield debt offerings, restructurings, and general compliance matters involving securities law. Cross-border leveraged finance transactions are a focus for Riccardo Maggi Novaretti, with particular emphasis on high-yield bond financings.
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Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- They are really committed advocates who you can always rely on to advance your positions.
- The K&S team is great at getting tough deals done, particularly in unusual jurisdictions. They offer reliable and pragmatic advice. They are also good at anticipating what clients need, often providing the advice or work product that's needed without having to ask.
- Knowledge not only of the law, but also of how to make the transaction run smoothly.
- Very hands-on team with great knowledge of the law and niche jurisdictions.
- I regularly work with the high yield team at King & Spalding LLP, London, and the feedback I have is extremely positive in terms of responsiveness, proactivity, and attention to detail. The team has a very in-depth knowledge of the high yield market and is able to work efficiently in a multi-jurisdiction environment. The team is also able to offer competitive rates to clients, which is always a welcome element to consider when appointing external law firms. They are always timely with billing, and their invoicing is clear and precise.
- Peter Schwarz is diligent, effective, creative, and highly responsive. It is a pleasure to work with him. Dan Marcus has deep knowledge. As a Senior Partner, William Charnley provides excellent insight and coordination.
Key clients
- Boparan Group Holdings Ltd
- Bank of America Merrill Lynch
- Jefferies
- JP Morgan
- Morgan Stanley
- Goldman Sachs
- Citigroup
- Deutsche Bank
- Blackstone
- BNP Paribas
Work highlights
Advised the initial purchasers (including Bank of America, JP Morgan, Standard Bank, Standard Chartered, Absa, Deutsche Bank and Jefferies) on the $500 million senior notes offering by HTA Group, a subsidiary of Helios Towers plc.
Advised the initial purchasers (including Bank of America, JP Morgan, Goldman Sachs and UniCredit) on Telekom Srbija’s proposed €1.6 billion senior notes offering.
Advised De La Rue Limited, a portfolio company of Atlas Holdings, on a refinancing involving the issuance of £70 million guaranteed second‑lien loan notes, a £25 million secured revolving credit facility and bonding lines of approximately £100 million.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Peter Schwartz
Other key lawyers
Riccardo Maggi Novaretti