Dechert‘s capital markets practice continues to advise issuers from the financial services sector, including business development companies (BDCs). Washington DC-based Harry Pangas is experienced in advising BDCs and specialised investment funds. He co-leads the practice with Boston-based Thomas Friedmann, who advises issuers and investment banks as well as alternative asset managers on accessing capital through instruments such as BDCs and closed-end funds, and Stephen M Leitzell of the Philadelphia office, who is active in the healthcare and tech spaces. Eric S Siegel is another notable contact from the same office. Anna Tomczyk is a key name out of New York, as is Washington DC’s Matthew Carter and Clay Douglas.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Key clients
- Aquestive Therapeutics
- B&G Foods
- Bain Capital Specialty Finance
- BC Partners
- BioAtla
- Blackstone
- Business Development Company of America
- Diffusion Therapeutics
- EaglePoint Credit Company
- FS Investment Corporation
- Golub Capital BDC, Inc.
- Griffon Corporation
Work highlights
Represented Crown Holdings in connection with multiple debt offerings, including its offering of US$700 million aggregate principal amount of 5.875% senior unsecured notes due 2033 issued at par by its subsidiary Crown Americas LLC and its offering of €500 million aggregate principal amount of 3.750% senior unsecured notes due 2031 issued at par by its subsidiary Crown European Holdings S.A.
Represented HPS Corporate Lending Fund in its private placement notes offering in an aggregate principal amount of US$750 million of its 5.450% notes due 2028 and in an aggregate principal amount of US$500 million of its 5.950% notes due 2032.
Represented Apollo Debt Solutions BDC in connection with multiple debt offerings, including its US$500 million 6.55% investment grade 144A/Reg S bond offering due 2032 and its US$400 million offering of 5.875% unsecured notes.
Practice head
Thomas Friedmann; Stephen Leitzell; Harry Pangas
Other key lawyers
Eric S Siegel; Anna Tomczyk; Matthew Carter; Clay Douglas; Ian A. Hartman