Jill Concannon's practice is focused on corporate finance transactions, with a particular emphasis on high yield debt offerings.
Clients benefit from her experience of representing issuers and underwriters in connection with international securities offerings. These include a number of award-winning and landmark transactions that were firsts within their respective markets. Jill also has experience of representing clients in senior and bridge acquisition facilities.
Jill's international background, working on major projects for corporates and financial institutions across the globe, enables her to steer clients through the maze of legal issues involved in complex, cross-border transactions.
Combining a thorough understanding of her field with an ability to give clear and pragmatic advice, she has also helped US and international public companies to deal with a range of corporate and securities compliance matters.
International both in approach and experience, Jill is currently based in London, but has also worked in the Firm's Hong Kong office and the US offices of a major New York law firm.
Jill represented Cabot Credit Management Limited, on the offering of €310 million Senior Secured Floating Rate Notes, bearing an interest rate equal to three-month EURIBOR plus 5.87 per cent per annum, reset quarterly.
Jill represented Techniplas, LLC, on its US$175 million issue of high yield bonds.
Jill represented Play in a tap issuance involving a high yield bond offering of an additional €125 million of the Issuer's 5.25 per cent Senior Secured Notes due 2019. J.P. Morgan acted as Sole Global Coordinator and Physical Bookrunner.
Jill represented Nomura International, as Initial Purchaser, in connection with the offering by Lake Bridge International of £234.4 million 8.000 per cent senior secured notes due 2020 to finance the acquisition of the University of Law by Global University Systems group.
Jill represented Synthos S.A. on the issuance of its debut $350,000,000 4.00% senior notes due 2021, on which BNP Paribas and Deutsche Bank were the joint lead managers.
Jill represented Helios Towers Nigeria Limited on the issuance of US$250,000,000 8.375% guaranteed senior notes due 2019. Bank of America Merrill Lynch acted as the sole bookrunner and lead manager, and FCMB and Standard Bank acted as the co-managers.
Jill represented Polish mobile telecoms operator P4 Sp. Z o.o., which trades as Play, on its ground breaking, inaugural €870 million and PLN 130 million, dual-tranche high yield bond issue and entry into a new super senior revolving credit facility, as well as Play Topco S.A., the indirect shareholder of Play, on its subsequent €415 million senior PIK toggle notes offering.
Jill represented Cabot Credit Management Limited, the largest manager and acquirer of defaulted consumer debt in the UK, in the £105 million bridge financing for its acquisition of Marlin Financial Group Limited (Marlin), which was provided by a syndicate of banks led by J.P. Morgan, and the subsequent consent solicitation in relation to the outstanding high yield notes held by Marlin. Jill further represented Cabot Credit Management Limited in relation to the high yield bond offering of £175 million 6.5% senior secured notes due 2021, the proceeds of which were used to repay all amounts outstanding under its bridge facility and to partially repay amounts outstanding under its senior credit facilities.
She represented Sponsor EQT and its portfolio company Sanitec Oyj, as issuer, on an offering of €250 million senior secured floating rate notes due 2018 and a new €50 million super senior revolving credit facility.
Jill represented J.P. Morgan, Crédit Agricole, HSBC and Nomura, acting as initial purchasers, on an offering by Elior Finance & Co. S.C.A., of €350 million 6.50% senior secured notes due 2020.
She represented Deutsche Bank, Société Générale and Sberbank on Uranium One's inaugural US$300 million high yield bond and related US$120 million revolving credit facility, both secured on a pari passu basis.
"Dynamic options: bank vs. bond – the future of European corporate finance?", October 2014: AFME 9th Annual European High Yield Conference, (panelist)
Time for a Change, International Finance Law Review, January 2011, (co-author)