Engaging in large-scale, high-value complex high-yield debt transactions, Cleary Gottlieb Steen & Hamilton is well placed to handle multi-jurisdictional offerings relating to senior secured notes and Rule 144A. The practice can be highlighted for its activity in the oil industry, evidenced by the prominence of oil companies along its client base. Duane McLaughlin, Jorge Juantorena and Manuel Silva are key team members who represent global international issuers and underwriters. Counselling a global client base, the group’s cross-border expertise is epitomised by McLaughlin, who acts in transactions involving Latin America alongside Silva. Aside from this, McLaughlin is also skilled in helping investment grade and leverage borrowers. Adam Brenneman departed from the firm in May 2025. Juantorena focuses on international capital markets and securities regulation, particularly in relation to US securities law. Ilir Mujalovic joined the New York team in February 2026 from A&O Shearman.
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Key clients
- YPF
- Alcoa and Alumina Pty Ltd
- BBVA México
- Compass Minerals
- Grupo Financiero Banorte S.A.B de C.V.
- Vista Argentina
- Banco Bradesco
- CEMEX
- Exeter Finance and Cobra AcquisitionCo LLC
- Pampa Energia S.A.
- Telecom Argentina S.A.
- Andean Telecom Partners (ATP)
Work highlights
Advised YPF S.A. (YPF) on two successful offerings in the last year totalling $1.6 billion.
Advised Alcoa Corporation (Alcoa) and its wholly owned subsidiary Alumina Pty Ltd (Alumina) on Alumina’s offering in two series maturing 2030 and 2032 of an aggregate of $1 billion of senior notes.
Advised BBVA, BofA Securities, Credit Agricole, and J.P. Morgan, as dealers, on a $1 billion offering by BBVA México of 7.625% fixed reset subordinated preferred tier 2 capital notes due 2035.
Other key lawyers
Duane McLaughlin; Jorge Juantorena; Manuel Silva; Ilir Mujalovic