Ropes & Gray Recognised by Legal 500 as One of the UK’s Leading High Yield Law Firms

Ropes & Gray has been recognised by The Legal 500 UK 2024  for its work on high-value and complex high yield financings, both for first-time and repeat issuers and underwriter clients, with the firm moving up to Tier 2 ranking in this year’s edition and partners Robert Haak, Michael Kazakevich and Jane Rogers recognised as Leading Individuals.    

Deals the firm advised on last year included:

• Multiple initial purchasers, including Citigroup, Goldman Sachs Bank Europe SE and SEB as joint global coordinators, on Intrum AB’s offering of €450 million senior fixed rate notes due 2028
• VZ Secured Financing B.V., a SPV entity in the VodafoneZiggo group, on their launched €2.1 billion-equivalent 10NC5 cross-border sustainability-linked bond offering
• Liberty Latin America’s subsidiary Liberty Servicios Fijos LY on the largest sustainability-linked bond in the digital infrastructure sector in Costa Rica, which included a unique US$450 million financing package included a noteworthy A/B bond structure which consists of a combination of a loan and a bond

Ropes & Gray is a leading legal adviser in public and private high yield and leveraged loan markets, and is one of a select group in London with on-the-ground capability to execute high-yield bond offerings and term loan facilities under both English and New York law.  In particular, the firm’s extensive experience in Rule 144A/Regulation S high-yield debt offerings across industries and geographies ensures rapid execution with a nuanced ability to navigate complex issues.  Ropes & Gray is also committed to supporting issuers and borrowers in promoting their sustainable finance objectives and complex legal structures and has a depth of knowledge and experience in this area.