Marc is a leading U.S. corporate finance and securities lawyer with more than 25 years’ experience covering a broad range of international capital markets and leverage finance transactions.
He regularly advises issuers, financial sponsors, underwriters, lenders and other market participants in Rule 144A/Regulation S high yield bond offerings and has extensive experience in bridge financings for acquisitions and with syndicated loan and private credit financings. His experience also includes advising on IPOs and other equity offerings, investment grade debt offerings and tender offers and other liability management exercises. Marc heads the firm’s U.S. corporate finance team in Germany and regularly handles transactions across Europe and the United States. Marc has been recognized as a leading individual in major legal directories, including Chambers Global, Chambers Europe, IFLR 1000, The Legal Media Group Expert Guide to the World’s Leading Lawyers and JUVE.
Expertise
Industries
Experience
Representative matters
The initial purchasers in connection with the offering by leading German leisure, travel and tourism company TUI AG of €500 million of its 5.875% sustainability-linked senior notes due 2029.
The mandated lead arrangers in connection with a €765 million Term Loan B, a €153 million Delayed Draw Term Loan and a revolving credit facility in connection with the acquisition of Swedish infrastructure services provider Eleda by funds advised by Bain Capital.
The mandated lead arrangers in connection with the refinancing, comprising a €910 million Term Loan B and a revolving credit facility, of Planet Group, a European payment services provider owned by funds advised by Advent and Eurazeo.
IHO Verwaltungs, the company through which the Schaeffler family holds its investments in automotive and industrial suppliers Schaeffler AG, Continental AG and Vitesco Technologies Group AG, in connection with the issuance of €500 million 8.750% / 9.500% Sustainability-Linked Senior Secured PIK Toggle Notes due 2028 and a subsequent issuance of an additional €300 million of fungible notes, as well as in connection with multiple previous issuances of high yield bonds in a volume of several billion euros and dollars.
Published Work
- Plepelits M. (2012), “Standards für den gemeinsamen Vertreter der Anleihegläubiger nach dem Schuldverschreibungsgesetz – Eine kritische Betrachtung der Empfehlungen der DVFA und des BVI“, CORPORATE FINANCE law 8/2012.
- Plepelits M. (2010), “The High Yield Bond Covenant Package – Introduction and Overview of Market Trends”, CORPORATE FINANCE law 2/2010.
- Plepelits M. (2009), “Die Verwendung von Total Return Equity Swaps bei feindlichen Übernahmen – Eine Analyse nach deutschem und US-amerikanischem Wertpapier- und Übernahmerecht“, Gedächtnisschrift für Michael Gruson, de Gruyter.
- Plepelits M. (2009), “Debt Equity Swaps – Chancen und Risiken der Umwandlung von Fremd- in Eigenkapital“, Die Aktiengesellschaft, AG Report 8/2009.
Leadership Positions And Professional Affiliations
- Member, American Bar Association
Qualifications
Admissions
Admitted to the bar, State of New York, USA, 1998
Academic
LL.M., New York University School of Law, USA, 1997
Master juris, University of Vienna School of Law, Austria, 1995
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.