Leveraged Finance
We are one of the leading Leveraged Finance practices in the world, known for ground-breaking deals and structures that eventually become market standards.
Thanks to our network, we can combine a multi-jurisdictional leveraged debt team with an extensive capital markets practice.
This enables us to provide our clients with a full service for senior, second-lien, mezzanine and PIK debt, bridge-to-bond financings, bank/bond financings, high-yield debt offerings, securitisation take-outs and debt buy-backs and restructurings.
Our sector knowledge and understanding of our clients’ business objectives enables us to provide legal advice that truly meets those aims within the context of the overall rationale for the debt package. Lenders and borrowers alike need to be able to structure deals in ways that suit market conditions. Our lawyers can advise on any form of leveraged financing that our clients choose to undertake.
The leveraged finance market has changed. Deals these days are different and structuring them demands a broad mix of finance capabilities. We combine our market-leading practices in banking and leveraged finance with a pre-eminent high yield practice. This makes us one of the very few law firms that has the ability to cover all aspects of complicated leveraged finance and high yield transactions and crossover and emerging markets high yield transactions.
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News & insights
News: 26 MAY 2020
Allen & Overy advises arrangers of syndicated financing for Advent and TA Associates
Allen & Overy’s New York leveraged finance team advised the lead arrangers and administrative agent on a first lien term loan and a revolving credit facility for Conservice, a portfolio company of TA…
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News: 12 MAY 2020
Allen & Overy contributes to International Comparative Legal Guide to Lending and Secured Finance
Allen & Overy was pleased to once again partner with the LSTA, the LMA, the APLMA and Global Legal Group on the eighth edition of the International Comparative Legal Guide to: Lending & Secured…
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Publications: 28 NOVEMBER 2019
The one-day accelerator convened junior and mid-level bankers to provide an in-depth look at the legal underpinnings of leveraged finance transactions
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Publications: 03 SEPTEMBER 2019
Anti-net short provisions in syndicated credit facilities
Following Windstream Holdings Inc.’s court battle with one of its bondholders, and its subsequent bankruptcy filing, new credit agreement terms have begun to appear in the U.S. syndicated loan…
Read moreRecognition
Highly regarded as a leader in the leveraged finance market, offering sterling advice to high-profile asset managers. In addition to its work for banks, the team also advises a growing number of debt funds on direct lending mandates.
Chambers UK 2020
Ranked Band 1 for Banking and Finance
Chambers Global 2020
Ranked No.1 Leading Leveraged Finance Adviser in Europe
Debtwire Western Europe Leveraged Loans – Legal Advisors’ League Table Report Q3 2019
The firm has the critical mass to handle a tremendous volume and variety of deals, and is as comfortable handling sponsor-led leveraged finance mandates as it is advising on corporate-led event-driven acquisitions.
Legal 500 UK 2019