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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

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News: 21 JANUARY 2021

China Cinda (HK)’s USD2 billion multi-tranche guaranteed notes issuance

Allen & Overy has advised the joint lead managers and joint bookrunners in connection with the multi-tranche issuance comprising USD500m 1.250% notes due 2024, USD300m 1.875% notes due 2026, USD400m…

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Key regulatory topics

Publications: 20 JANUARY 2021

Key Regulatory Topics: Weekly Update 23 Dec - 7 Jan 2020

Our weekly update on key regulatory topics affecting the financial services sector. If you would like to receive this update by email and be added to our marketing mailing list please contact…

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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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News: 17 DECEMBER 2020

Allen & Overy financing deals receive praise at GlobalCapital Asia Awards 2020 and The Asset Country Awards 2020

Allen & Overy’s Asia-Pacific Banking team is proud to have advised on two innovative loan transactions that have been were awarded ‘Best Loan’, ‘Best High Yield Syndicated Loan’ and ‘Best Leveraged…

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Recognition