Ingrid York | White & Case LLP International Law Firm, Global Law Practice
Ingrid York
Ingrid York

Ingrid York

Partner, London

T +44 20 7532 1441

T +44 20 7532 1000

E [email protected]

in LinkedIn profile

“She’s very pragmatic and business-conscious, she looks for no-fuss results and has a business-friendly way of getting stuff done”

Chambers UK 2017

Overview

Ingrid is a New York State, English and New South Wales qualified lawyer and practices in the Firm's Capital Markets group in London. She is the head of the Firm's derivatives team and structured finance practice in London.

Ingrid's practice covers OTC derivatives, structured derivatives and structured finance, including credit linked notes, repackagings, project, leveraged and Islamic finance hedging, transactions for regulatory capital purposes, and the restructuring of such arrangements. Ingrid represents major international banks, sovereigns and quasi-sovereigns, funds and corporations.

Prior to joining White & Case in January 2006, Ingrid worked in the trading and derivatives group within the Frankfurt head office legal department of a leading German bank. During this time she provided legal support to various global markets business areas, with a particular focus on master agreement documentation, commodity derivatives, repurchase transactions and stock lending, emerging markets and regulatory matters.

Ingrid is a "Ranked Lawyer" in Chambers UK 2017 and is named as a "Leading Individual" in Legal 500 UK 2016. She was also recognised as a "Rising Star" in Finance at the Euromoney European Women in Business Law Awards 2015.

Bars and Courts

  • New York State Bar
  • England and Wales
  • New South Wales, Australia

Education

  • Graduate Certificate in Legal Practice, University of Technology, Sydney
  • Bachelor of Laws, University of Technology, Sydney
  • BA, International Studies, University of Technology, Sydney

Languages

  • English
  • German

Experience

Superstrada Pedemontana Veneta Toll Road

Representation of J.P. Morgan as Liquidity Management Transaction Counterparty in connection with a project bond financing for the construction of the Superstrada Pedemontana Veneta toll road. The transaction comprises the issuance of €1.221 billion variable rate senior secured amortizing notes and €350 million step-up subordinated secured notes. Awarded "Transport Deal of the Year" at the PFI Awards 2017, "European Road Deal of the Year" at the IJ Global Awards 2017 and "PPP Deal of the Year, Europe" at the Infrastructure Investor Global Awards 2018.

Wind Tre

Representation of Wind Tre S.p.A., in relation to its interest rate and cross-currency hedging arrangements, on its €7.3 billion issuance of high yield senior secured notes, in a combination of euro-denominated fixed and floating rate notes and dollar-denominated fixed rate notes, and on a new €3.4 billion senior facilities agreement consisting of a €3 billion amortizing term loan and a €400 million revolving credit facility. It is the third largest cross-border high yield financing ever with 20 international banks participating as bookrunners. The issuance represents the largest single issuance of euros by a single borrower. In addition, the floating rate notes are one of the largest such tranche ever issued.

Credit Agricole Corporate and Investment Bank

Representation of Crédit Agricole Corporate & Investment Bank (CACIB) on the issuance of the Premium Green PLC Balance Sheet Notes pursuant to the PREMIUM Multi Issuer Asset Backed Medium Term Note Programme. The transaction was a landmark US$3 billion synthetic securitisation of project finance, asset finance and infrastructure loans, a first-of-its-kind 'Green Capital Note' that blends best practice from capital management and the objectives of socially responsible investing. The synthetic portfolio includes around 200 obligors and is distributed across CACIB's franchise in the power, oil & gas, real estate, infrastructure, aviation shipping and rail sectors. Socially responsible features of the deal include CACIB's commitment to redeploy the freed-up regulatory capital in $2 billion of new lending in several green sectors that includes projects in renewable energy, energy efficiency and water and waste management. The deal won "The American Lawyer - Global Finance Deal of the Year: Structured Finance".

Government of the Republic of Cameroon

Advised Government of the Republic of Cameroon on a EUR/USD cross-currency swap for hedging their debut sovereign US$750 million Eurobond. W&C was responsible for drafting and negotiating a highly customized structure, as the hedging agreement was overlaid by a partial guarantee from the African Development Bank (AfDB). The transaction recently won "Deal of the Year – Debt" from the African Banker Magazine.

West African Development Bank (BOAD)

Advised the hedging bank group on a EUR/USD cross-currency swap relating to BOAD's US$ 750 million Eurobond – the first such issue for the key development institution of the West African Monetary Union.

Qatar Petroleum

Representation of Qatar Petroleum on derivatives aspects of its inaugural sale of Samurai bonds via a JPY 85 billion (approximately US$1 billion) offering of ten-year JPY-denominated bonds via a private placement.  The bonds are guaranteed by Japan Bank International Cooperation (JBIC).

Saudi Aramco

Extensive derivatives advice in connection with the Firm's work for Saudi Aramco on the project financing for Sadara Chemical Company (Sadara), its joint venture with The Dow Chemical Company to build and operate a US$20 billion worldscale integrated chemicals complex in Jubail Industrial City, Saudi Arabia.

Wind/UAF

Representation of Wind Acquisition Finance S.A. and Wind Telecomunicazioni S.p.A., a leading Italian telecommunications operator, on a corporate refinancing that included a new €4 billion issuance of three tranches of senior secured bonds by Wind Acquisition Finance S.A. They also included a simultaneous tender offer for outstanding securities of Wind Acquisition Finance S.A. to facilitate the transaction.

A7 Project Financing

Representation of the joint lead managers on the hedging aspects of the multiple award-winning financing of the extension and operation of the A7 federal highway. This was the first project bond with European Investment Bank credit enhancement in Germany.

St. Paul's CLO V

Representation of J.P. Morgan as placement agent and co-arranger and RBS as co-arranger on the issue by St. Paul's CLO III Limited, of €326,700,000 class A secured floating rate notes due 2028, €64,900,000 class B secured floating rate notes due 2028, €32,400,000 class C secured deferrable floating rate notes due 2028, €26,400,000 class D secured deferrable floating rate notes due 2028, €33,000,000 class E secured deferrable floating rate notes due 2028, €15,400,000 class F secured deferrable floating rate notes due 2028 and €57,700,000 subordinated notes due 2028. The portfolio is managed by Intermediate Capital Managers Limited. The notes (other than subordinated notes) are rated by Fitch and S&P and listed on the Global Exchange Market of the Irish Stock Exchange. This deal was reported to be Europe's largest CLO transaction in 2013.

St. Paul's CLO II

Representation of Lloyds TSB Bank Plc as arranger on the issue by St. Paul's CLO II Limited, an Irish issuer, of secured floating rate notes due 2026 and secured deferrable floating rate notes due 2026. The portfolio is managed by Intermediate Capital Managers Limited.

ICBC/ Standard Bank

Representation of Industrial and Commercial Bank of China on its £462 million acquisition of a majority stake in Standard Bank Plc.

Northwind Offshore Energy

Representation of Bank PensionDanmark, RaboBank International, the Norwegian government, Eksport Kredit Fonden, GIEK, and the Office National Du Ducroire/Nationale Delcrederedienst on the €890 million financing of Northwind Offshore Energy's wind project in Belgium's North Sea. The financing for the 216-megawatt offshore wind farm will cover the design, construction, operation and maintenance of 36 to 72 wind turbines. It will be designed to produce energy to cover yearly electricity consumption for 230,000 households.

Awards & Recognition

Ranked Individual, Chambers UK 2017, Chambers UK 2015, Chambers UK 2014, Chambers UK 2013

Capital Markets: Structured Finance & Derivatives – London (Firms)

Leading Individual in the Legal 500 UK 2016 Derivatives and Structured Products

The Legal 500 2016

Ingrid York is "incredibly commercial, responsive and provides no-nonsense advise"

Rising Star in Finance, Euromoney European Women in Business Law Awards 2015

The Legal 500 2014

Ingrid York is "intelligent, practical and very responsive".