Colin Chang | White & Case LLP International Law Firm, Global Law Practice
 Colin Chang
 Colin Chang

Colin Chang

Partner, Paris, London

T +33 1 55 04 58 15

T +44 207 532 1481

E cchang@whitecase.com

“Interviewees value Colin Chang’s ability to bridge different cultures and his strong technical ability. One source says: ‘He has excellent communication skills and knowledge of how to manage situations. He looks after his clients very well.’”

Chambers Global

Overview

A partner in the Firm's Paris Capital Markets Group, Colin is a leading securities lawyer whose practice focuses on high yield finance deals.

Colin's clients benefit from his extensive experience representing underwriters, private equity sponsors and issuers in high yield offerings and bridge-to-high yield finance deals in both the European and US markets.

He has played a key role in numerous landmark deals, noted both for their scale and multi jurisdictional complexity. Drawing on his significant capital markets experience, he helps clients to navigate intricate technical issues involved in a broad variety of transactions, from high yield offerings and bridge financings to liability management and high yield debt restructurings.

Bars and Courts

  • New York State Bar
  • Paris Bar
  • Quebec Bar

Education

  • LLB, McGill University
  • Bachelor of Civil Law, McGill University
  • BA, Yale University

Languages

  • English
  • French

Experience

Burger King France High Yield Bond Issue, 2017

Colin represented Goldman Sachs International, J.P. Morgan, BNP Paribas, Credit Suisse and Société Générale on the offering of €250 million Floating Rate Senior Secured Notes due 2023 and €315 million 6% Senior Secured Notes due 2024 by Burger King France SAS.

Air Liquide US$4.5 Billion Offering of Senior Notes, 2016

Colin represented Air Liquide in its inaugural offering of 144A US$ bonds, comprising 5 series of notes issued by Air Liquide Finance and guaranteed by its parent company Air Liquide, for a total amount of US$4.5 billion. The proceeds of the offering were used, together with the proceeds of a simultaneous rights offering by Air Liquide to finance its acquisition of Airgas.

MCS Groupe's €200 Million High Yield Bond Offering, 2016

Colin advised Morgan Stanley and J.P. Morgan as Joint Global Coordinators and Joint Bookrunners, and Société Générale, as Joint Bookrunner, on the offering of €200 million senior secured floating rate notes due 2021 by the MCS Groupe, a leading purchaser and servicer of mortgages and consumer and SME financial debt in France.

Groupe FNAC S.A.'s €650 Million High Yield Bond Offering, 2016

Colin advised Crédit Agricole, Natixis and Société Générale, as Joint Global Coordinators, and Banca IMI, BBVA, BNP Paribas, CaixaBank and CM-CIC Market Solutions, as Joint Bookrunners, on Groupe Fnac S.A.'s offering of €650 million senior notes due 2023 (in connection with groupe FNAC's acquisition of Darty).

Novasep's Exchange Offer, 2016

Colin advised Novasep on the issuance of €181 million principal amount of OBSAs (bonds with share warrants attached) maturing in 2019 in exchange for US$195 million principal amount of Novasep's existing high yield bonds due 2016 pursuant to an exchange offer and consent solicitation.

Europcar €475 Million High Yield Bond Offering, 2015

Colin acted for Deutsche Bank, Crédit Agricole and BNP Paribas, as Joint Global Coordinators and Joint Bookrunners, and Goldman Sachs, HSBC, Lloyds Bank, The Royal Bank of Scotland and Société Générale, as Joint Bookrunners, in connection with the offering by Europcar Notes Limited of €475 million 5.75% Senior Notes due 2022.

Elis €800 Million High Yield Bond Offering, 2015

Colin advised the joint bookrunners on the refinancing of Elis existing debt through a high yield bond offering of €800 million senior notes due 2022.

Fives €580 Million High Yield Bond Offering, 2014

Colin 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.

Novacap €310 Million High Yield Bond Offering, 2014

Colin advised Novacap International on its debut high yield offering of €310 million senior secured floating rate notes due 2019.

Quick €595 Million High Yield Bond Offering, 2014

Colin advised Financière Quick on its debut offering of €440 million senior secured floating rate notes due 2019 and €155 million unsecured floating rate notes due 2019.

Elior €350 Million High Yield Bond Offering, 2013

Colin advised bookrunners J.P. Morgan, Crédit Agricole, HSBC and Nomura in connection with the high yield bond offering of €350 million 6.5% Senior Secured Notes due 2020 by Elior.

Publications

  • Intercreditor terms – How super is your senior?, International Financial Law Review, May 2011, (co-author)
  • WIND Hellas: A complex restructuring in a global recession, Practical Law Company Journal, February 2011, (co-author)

Awards & Recognition

Leading Lawyer, Chambers Europe 2017, Chambers Global 2017

Capital Markets: Debt – France

Leading Lawyer (Band 1) "High-Yield Specialist" Lawyer, The Legal 500 EMEA, 2017

Capital Markets – France