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Diana Billik



Billik Diana
Diana Billik



Diana heads the capital markets team in Paris. She is a U.S.-qualified partner in the international capital markets department of Allen & Overy in Paris, specializing in cross-border debt and equity offerings. Diana has deep experience advising issuers, arrangers and underwriters in relation to a broad range of debt, equity and liability management transactions by foreign private and sovereign issuers across numerous jurisdictions, including France, Sweden, Norway, Turkey, Greece, United Arab Emirates and West Africa. She focuses primarily on SEC-exempt offerings into the United States and compliance with SEC reporting requirements for foreign issuers and security holders. She also has significant experience in structured finance. Diana is admitted to practice in the State of New York and is a member of the Paris bar. Diana joined Allen & Overy in 1998 and became a partner in 2007.

Woman Leader
IFLR1000 2020 - France

Highly regarded
IFLR1000 2020 – France (Capital Markets: Debt & Equity)

Recognised by Best Lawyers 2020
Best Lawyers 2020 – Capital Markets Law (France)

"International capital markets head Diana Billik handles a wide scope of both debt and equity matters, with a focus on offerings by foreign private and sovereign issuers." 
Legal 500 EMEA 2020 – France (Capital Markets: Equity)

“Paris-based Diana Billik possesses remarkable experience in both the debt and equity capital markets. Commentators praise her as "a very good technician" who is "very hands-on." One source notes: "She speaks French which is useful in Africa, even though she's originally a US lawyer." She is further distinguished for her expertise in sovereign debt issuances throughout sub-Saharan Africa.”
Chambers Global 2020 – Africa-wide (Capital Markets)

"Dual-qualified in France and the USA, Diana Billik stands out for her activity on the underwriter side of sovereign bond issuances. She also advises on the international capital markets aspects of IPOs and rights issues." 
Chambers Global 2019 - France (Capital Markets)

News & insights

Publications: 17 SEPTEMBER 2020

Podcast #3: AML/CTF – Recent Luxembourg developments: focus on Fintech

Financial technologies are leaving their imprint at every level of the financial sector.

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News: 17 SEPTEMBER 2020

A&O advises on the Kingdom of Thailand’s first THB30 bn dual-tranche sustainability bond issuance

Allen & Overy has acted as Thai and international counsel to Bangkok Bank Public Company Limited, Bank of Ayudhya Public Company Limited and Standard Chartered Bank (Thai) Public Company Limited (the…

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An antique compass

Publications: 15 SEPTEMBER 2020

Navigating the EU Securitisation Regulation

Since the start of 2019, the securitisation markets have been living with the EU Securitisation Regulation (Regulation (EU) 2017/2402, the SR) regime, which established a common framework for all…

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The Italian Court of Cassation returns on the causal link

Publications: 14 SEPTEMBER 2020

Causal Link: The Italian Court of Cassation returns on the causal link between the failure of the intermediary to fulfil the disclosure obligations and the damages suffered by the investor

With the recent Order of 31 August 2020 n. 18153, the Court of Cassation confirmed its precedents, which impose strict compliance with disclosure obligations by intermediaries for investments occurred…

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Allen & Overy LLP
52 avenue Hoche
75008 Paris

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Admitted to the Bar, Paris, 2011

Admitted to the bar, State of New York, USA, 2000


J.D, Harvard Law School, 1998

Bachelor of Arts, Vassar College, 1994

Fraudulent emails

Please note there is a known fraud/scam currently using the Allen & Overy brand and Diana Billik's name.

More information on fraud using the Allen & Overy brand can be found here.