Stephen Howard joined White & Case in 2007 and is a senior associate in the Firm's Banking Group in London, working closely with the Firm's high yield Capital Markets Group. Prior to joining the Firm, Stephen practiced with a leading Australian law firm.
Stephen has experience across a broad range of issues in bank finance, with particular emphasis on leveraged-buyout financing work, cross-border acquisition financing, and combined bank/bond structures. He has significant experience advising banks, other finance providers, private equity houses, and corporate borrowers.
Stephen has also completed senior secondments to the execution legal desks for the leveraged finance teams at both Deutsche Bank (2009–2010) and Nomura International (2013–2014).
Advised Jefferies International Limited, as sole bookrunning manager, on the Rule 144A/Reg S issue of €200 million senior secured notes and BNP Paribas, as original lender, sole arranger and agent, on the €15 million super-senior RCF for Waste Italia S.p.A., the Italian waste management company.
Advising J.P. Morgan and Nomura International, acting as global coordinators and bookrunners, on the £725 million senior debt financing package for the Bestway Group's £620 million acquisition of the Co-operative Group's Pharmacy business. Bestway is a family-owned multinational which includes the UK's second-largest independent wholesale business and both the largest cement manufacturer and second largest private bank in Pakistan. The Co-op Pharmacy chain is the third-largest pharmacy business in the UK, with more than 770 branches nationwide.