Ian Clark | White & Case LLP International Law Firm, Global Law Practice
Ian Clark
Ian Clark

Ian Clark

Partner, London

T +44 20 7532 1398

T +44 20 7532 1000

E iclark@whitecase.com

“The ‘very impressive’ Ian Clark is a US capital markets lawyer with expertise in Rule 144A offerings and private placements. He frequently advises on debt transactions by issuers in the Middle East, Turkey and Russia.”

Chambers UK, 2015

Overview

Ian offers clients wide-ranging capital markets experience, having advised on transactions by issuers in Russia, Ukraine, Kazakhstan, Turkey, Pakistan, India, Central and Eastern Europe and the Middle East.

He focuses on corporate finance and securities transactions, notably Rule 144A offerings and private placements of debt and equity securities. He also guides clients through complex privatization transactions and privately negotiated mergers and acquisitions.

Clients to have benefited from Ian's experience and insight include the sovereign governments of Ukraine, Bulgaria, Qatar and Egypt, which he has advised on external debt issues and major debt restructuring transactions. He has developed a broad understanding of the interaction of sovereign debt and banking crises.

Ian also has a significant track record of helping major corporate issuers and investment banks, both in the emerging markets and in Western Europe, to tackle the complexities that come with cross-border transactions.

In addition, Ian brings insight and hands-on experience to issuers and investors regarding cross-border private placements of debt securities in the US institutional market.

Bars and Courts

  • New York State Bar
  • England and Wales (Registered Foreign Lawyer)

Education

  • JD, University of Virginia School of Law
  • BA, History, Yale College

Languages

  • English

Experience

External Counsel to Ministry of Finance of Ukraine, ongoing

Ian advises the Ministry of Finance of Ukraine on all external debt matters, including those arising from the country's current crisis. Matters regarding which he has advised the Ukrainian government include its US$2.4 billion restructuring in 2000, and numerous subsequent external debt issues.

€600 million issue of senior notes by Kazakh state agricultural holding company, 2014

Ian advised the joint lead managers on a €600 million drawdown under Kazagro Holding's US$2 billion debt issuance programme, which he helped to establish in 2013.

Britvic private placement, 2014

Ian advised Britvic on a Section 4a(2) senior unsecured private placement transaction for Britvic plc, one of the leading soft drinks companies in Europe.

Debt capital market transactions for Gazprombank, 2013

Ian acted for Gazprombank, a major Russian bank, on a variety of securities transactions, including the establishment of its euro commercial paper (ECP) programme, issues of senior unsecured notes under its Euro Medium Term Note programme, liability management transactions and issues of subordinated (Tier 2 capital) notes.

US$750 million debut bond issue by Hungarian development bank, 2013

Ian advised MFB, the Hungarian state-owned development bank, on its US$750 million debut bond issue under Regulation S and Rule 144A.

Global equity offering for Turkish energy company, 2013

Ian advised Aksa Enerji, a Turkish energy company, in connection with a secondary offering of its equity via Regulation S and Rule 144A.

Largest-ever sovereign debt restructuring, 2012

Ian advised the Steering Committee of Greek private bond creditors and investors in connection with the exchange offer for €206 billion Greek government bonds. This transaction represented the largest sovereign debt restructuring in history, and won "Global Finance Deal of the Year" in The American Lawyer.

US$500 million global bond issue for Ukrzaliznytsia, 2012

Ian advised Ukrzaliznytsia, the Ukrainian state railway, on its debut US$500 million Eurobond issue via Regulation S and Rule 144A.

US$5 billion senior notes offering for Qatar, 2011

Ian advised the government of Qatar on its issue of US$5 billion senior notes in a Regulation S/Rule 144A offering. This was the largest Middle Eastern sovereign issue of 2011.

US$8 billion medium-term note programme, 2011

Acting for TNK-BP, a major Russian oil company, Ian advised on its US$8 billion medium-term note (MTN) programme.

Speaking Engagements

"Potential Market Game Changers for Sovereigns", 2014: World Bank-sponsored Government Borrowers Forum,
Cartagena, Colombia
, (chair)

"Recent Developments in Ukraine", 2014: Annual Meeting of the Paris Club, (speaker)

Awards & Recognition

Leading Lawyer, Chambers UK 2015; Chambers Europe 2014

Capital Markets: Debt – London (Firms)

Leading Lawyer, Chambers Global 2014

Capital Markets: Debt – UK

Leading Lawyer, Chambers Global 2014

Banking & Finance – Central and Eastern Europe