Michael Lee | White & Case LLP International Law Firm, Global Law Practice
Michael Lee
Michael Lee

Michael Lee

Associate, London

T +44 20 7532 1488

E michael.lee@whitecase.com

Overview

Michael is an associate in the Firm's Capital Markets Group in London. His practice focusses on corporate finance and capital markets transactions, with a particular emphasis on high-yield and debt capital markets offerings.

Michael advises multinational corporations and investment banks on general corporate and securities matters, including in their capacities as issuers and underwriters on securities offerings.

Michael was an associate with White & Case from 2006–2009 and rejoined the Firm in 2013. He has previously worked at several leading Canadian firms and was the co-founder of an innovative corporate/securities law boutique in Toronto.

Bars and Courts

  • Law Society of Upper Canada

Education

  • JD, University of Toronto
  • BSc, Queen's University

Languages

  • Cantonese
  • English
  • Mandarin

Experience

Advised B Communications Ltd. on its innovative debut US$800 million high yield bond offering, the first internationally marketed high yield bond to be listed on the Tel Aviv Stock Exchange. The bonds were listed on the TACT Institutional platform of the Tel Aviv Stock Exchange. A unique 'lock-box' structure was used in lieu of the customary restricted payments covenant to account for the company's primary assets and cash flow structure, and the bonds are secured by a pledge over B Communications' 30 percent interest in Bezeq. JP Morgan acted as sole global coordinator on the transaction with JP Morgan, Citi, HSBC and Discount Bank acting as bookrunners.

Advised Financière Quick S.A.S., a leading European fast food restaurant chain active in France, Belgium and Luxembourg, on its successful debut high yield offering of €440 million senior secured floating rate notes due 2019 and €155 million unsecured floating rate notes due 2019. The transaction's structure represents a first in the French market and the proceeds from the notes will be used to repay existing debts to third parties, the shareholders of Financière Quick S.A.S. and its consolidated subsidiaries. Goldman Sachs International and J.P. Morgan acted as joint global coordinators and bookrunners on the offering.

Advised Credit Suisse, Banca IMI, BNP Paribas and UniCredit as Joint Bookrunners on Officine Maccaferri's high yield offering of €200 million, 5.75% notes due 2021. With more than 25 manufacturing facilities around the world and more than 50 operating companies, Maccaferri is the world leader in the manufacture and supply of gabion and associated wire mesh products to the global construction industry.

Advised joint bookrunners J.P. Morgan, Deutsche Bank, Barclays, BNP Paribas, HSBC and Société Générale on the refinancing of Fives' existing senior and mezzanine debt through a high yield bond offering of an aggregate principal amount of €580 million.

Advised Deutsche Bank, as Sole Bookrunner, on Astaldi S.p.A.'s high yield 'tap' offering of €150 million additional 7.125% senior notes due 2020. Rome-based Astaldi is a major construction company and the new Senior Notes are fungible with its €100 million additional 7.125% senior notes due 2020 issued on December 9, 2013 and its €500 million original 7.125% senior notes due 2020 issued on December 4, 2013.