Nic Kennedy

Associate, London

Biography

Overview

Nic is a senior associate in the Project Development and Finance Group in the London office. Nic has experience advising both lenders (including export credit agencies, commercial banks, and development banks) and sponsors in domestic and international projects, focusing chiefly on emerging markets. Nic has previously worked in our Abu Dhabi office and also completed secondments with UniCredit in London and with the export credit agency UKEF.

Bars and Courts
England and Wales
Education
Legal Practice Course
College of Law, London
BA Jurisprudence
Brasenose College
Oxford University
Languages
English

Experience

Representation of a client in connection with financing the construction and launch of a satellite.

Representation of a client in connection with a multi-billion term loan facility with international lenders.

Representation of IFC and the other lenders in connection with financing for seven separate photovoltaic solar power projects in Jordan.

Representation of IFC and a syndicate of around 20 development financial institutions and commercial lenders on the financing of the US$1 billion expansion of a world-scale urea fertilizer production facility near Port Harcourt, Nigeria.

Representation of Vale S.A. and Mitsui & Co., Ltd. on the development and US$2.73 billion financing of the landmark Nacala Corridor Railway and Port Project, an integrated and transformative infrastructure project supporting growth along a regional corridor shared by two countries, Mozambique and Malawi.

Representation of Harbour Energy and Chrysaor on the up to US$1.5 billion senior secured reserved based lending, together with a US$400 million junior facility, for the purpose of acquiring certain North Sea assets from Shell. The transaction is the 5th largest UK North Sea acquisition ever and the 2nd largest in the last 10 years, the largest private equity investment for a UK North Sea acquisition and the largest RBL for a UK North Sea acquisition. 

Representation of New World Resources group, the central European hard coal producer, on the restructuring of its balance sheet via a UK Scheme of Arrangement and a Rights Issue and Placing as well as its subsequent review of strategic options.