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.
News & insights
News: 25 SEPTEMBER 2020
Allen & Overy has advised a syndicate of banks comprising BNP Paribas, Landesbank Baden-Württemberg and UniCredit Bank AG as joint global coordinators and joint bookrunners on the successful placement…Read more
News: 24 SEPTEMBER 2020
Allen & Overy has advised the joint bookrunners and joint lead managers on the issuance of USD2.9 billion 3.58% non-cumulative perpetual offshore preference shares by Industrial and Commercial Bank of…Read more
News: 22 SEPTEMBER 2020
Allen & Overy has advised ECE Real Estate Partners, the fund management company of Hamburg-based commercial property specialist ECE, on the issuance of an innovative real estate bond.Read more
News: 10 JULY 2020
Allen & Overy’s leveraged finance team has advised on three high-yield bond issuances, all of which having completed since the start of July 2020, with each of the deals involving a debut issuer.Read more
Ranked No.1 Western Europe High-Yield Bonds Lender’s Legal Counsel and No.2 Western Europe High-Yield Bonds Issuer’s Legal Advisors Counsel
Debtwire Western Europe Leveraged Loans – Legal Advisors’ League Table Report Q3 2019
Exceptional market insight that is capable of delivering creative yet executable solutions
Legal 500 UK 2019
They surpass all of the other firms we have used in terms of client service, responsiveness and commerciality.
Chambers UK 2018