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Sub practice
Sub practice

High Yield

Our high yield team has been involved in the European market since its inception.

Our lawyers have led many of the deals that have shaped and continue to influence the direction of the European high yield market, including working on some of the biggest and most prestigious deals to come to the market since the beginning of 2000.

We combine our high yield practice with our market-leading practices in banking and leveraged finance and debt capital markets. Our High Yield team also works closely with our corporate, restructuring and private equity groups. We believe this makes 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.

Our high yield and European debt capital markets practices integrate to cover crossover and emerging market credits. These deals can be governed by New York law indentures or English law trust deeds and/or executed following the eurobond or U.S. style offering paradigms.

Download Financing the Economy 2020

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Read the new research produced by the Alternative Credit Council in partnership with A&O.

 

News & insights

The India Gate war memorial in New Delhi

News: 07 APRIL 2021

A&O India Group partners recognised as top legal experts in India

Allen & Overy’s India Group practice partners have been recognised again in the India Business Law Journal (IBLJ) A-list, as the top India-focused lawyers at international law firms.

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Building reflection

News: 07 APRIL 2021

A&O advises on EUR2.35 billion loan and high yield bond refinancing by Foncia

Allen & Overy's leveraged finance team has advised the banks in connection with a EUR2.35 billion loan and debut high yield bond refinancing by Foncia, a leading provider of residential real estate…

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Close up of a modern green glass and metal building

Publications: 07 APRIL 2021

Compelling signals from a recovering M&A market

The question at the end of 2020 was whether the strong recovery in M&A activity could be sustained in 2021.

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News: 15 JANUARY 2021

A&O’s European Leveraged Finance practice leads the way across several Debtwire rankings for 2020

Allen & Overy has been recognised once again as the leading adviser for leveraged finance in Europe, according to data published by Debtwire.

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Recognition