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Sub practice
Sub practice

High Yield

Our German team is an integral part of our pre-eminent European High Yield practice.

Our High Yield team has been involved in the European high yield market since its inception, leading many of the deals that have shaped and continued to influence the direction of the European high yield market. We combine our High Yield practice with our market-leading practices in banking, leveraged finance and debt capital markets, making us one of the very few law firms that has the ability to cover all aspects of complicated leveraged finance high yield transactions and crossover and emerging markets high yield transactions.

Our combined Bank/Bond team can service all requirements in relation to high yield debt offerings, senior, second-lien, mezzanine and PIK debt, bridge-to-bond financings, bank/bond financings, securitisation take-outs, debt buy-backs and restructurings. 

 

News and insights

aerial view of green forest

News: 31 March 2023

Allen & Overy advised on IHO Verwaltung’s EUR 300 million upsize of its original EUR 500 million Sustainability-Linked Senior Secured PIK Toggle Notes

Allen & Overy advised IHO Verwaltungs GmbH (IHO Verwaltung) in connection with the placement of an additional EUR 300 million in principal amount of its Sustainability-Linked Senior Secured PIK Toggle…

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aerial view of green forest

News: 28 March 2023

Allen & Overy advises on IHO Verwaltung’s EUR 500 million Sustainability-Linked Senior Secured PIK Toggle Notes

Allen & Overy advised IHO Verwaltungs GmbH (IHO Verwaltung) in connection with the placement of EUR 500 million in principal amount of its Sustainability-Linked Senior Secured PIK Toggle Notes due…

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Aerial view of a large group of people crossing the road

Publications: 25 January 2023

New reporting standards under EMIR: 203 reporting fields, one deadline, huge sanctions

In-scope entities have to follow new EMIR1 reporting requirements by April 2024 or face hefty sanctions. ESMA2 has published the guidelines, validation rules and reporting instructions with which you…

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ECB building and Frankfurt skyline at dusk

Publications: 15 November 2022

EU proposal to regulate third country providers of financial services: Where are we on CRDVI?

One year after the European Commission unveiled its Banking Package 2021, the Council has now agreed its position on the amendments to the Capital Requirement Directive, the EU framework regulating…

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