Biography
Jack is an associate in the Firm's Capital Markets group in London. His experience includes advising both underwriters and issuers in a broad range of debt capital markets transactions and representing clients in equity capital markets and financial restructurings.
Jack has previously been seconded to our Paris office and to the legal departments of Citigroup and Blackstone Credit (formerly GSO Capital Partners).
Experience
Representative experience includes advising in connection with a number of capital markets transactions, including advising:
The Saudi Arabian Oil Company (Saudi Aramco) as issuer on the update of its Global Medium Term Note Programme and issuance thereunder of three tranches of senior unsecured notes (U.S.$1.5 billion 4.750% notes due 2030, U.S.$1.25 billion 5.375% notes due 2035 and U.S.$2.25 billion 6.375% notes due 2055).
The Saudi Arabian Oil Company (Saudi Aramco) on the sale by the Kingdom of Saudi Arabia of 1.545 billion ordinary shares (excluding the over-allotment option) of Saudi Aramco, representing 0.64% of the company's issued shares, in connection with its secondary public offering. The gross proceeds to the Kingdom of Saudi Arabia from the offering were SAR 42.10 billion (U.S.$11.23 billion), subject to the over-allotment option.
The Republic of Zambia on its consent solicitation for its U.S.$750,000,000 Notes, U.S.$1,000,000,000 Notes, and U.S.$1,250,000,000 Notes in exchange for new notes consisting of U.S.$1,718,543,303 Fixed Rate Step-Up Amortising Notes (New A Notes) and U.S.$1,364,725,564 Fixed Rate Step-Up Amortising Notes (New B Notes).
The Federal Republic of Nigeria as Issuer on the offering of US$700 million 9.625%. notes due 2031 and US$1.5 billion 10.375%. notes due 2034. The transaction marks the return of the sovereign to the international capital markets since its last issuance in 2022.
The dealers on the update of the Republic of Angola's Global Medium Term Note programme and the issuance of U.S.$1,200,000,000 10.950 percent Notes due 2030, as well as a tap/upsized issuance of U.S.$728,000,000 10.950 percent Notes due 2030.
The Republic of Kenya (acting through The National Treasury and Economic Planning) in connection with a private placement of US$500 million 8.250% Notes due 2032 with the Abu Dhabi Fund for Development.
J.P. Morgan, Citibank, HSBC and Emirates NBD as joint bookrunners on the debut Rule 144A/Reg S US$350 million guaranteed sustainable notes issuance by Rönesans Holding A.Ş.
Ereğli Demir ve Çelik Fabrikaları T.A.Ş. (Erdemir) on its inaugural US$750 million 8.375% Senior Notes due 2029, listed on Euronext Dublin. This is Erdemir's debut issuance on the bond market.
The Ministry of Finance of Ukraine on a comprehensive liability management transaction that, among other things, defers for two years Ukraine's contractual obligation to make payments under approximately US$25 billion of its international bonds, GDP-linked warrants and sovereign-guaranteed debt obligations.
The Republic of Serbia, represented by the Government of the Republic of Serbia, acting by and through the Ministry of Finance, on the US$ 1.5 billion 6.000 per cent. Notes due 2034 under its GMTN Programme. This is the first USD denominated sustainable bond issuance by a European Sovereign.
The Republic of Srpska in respect of its debut Regulation S and Rule 144A standalone Eurobond notes issuance.
The joint lead managers on the offering of €500 million 5.618% sustainability-linked notes issued by TDC NET A/S and guaranteed by TDC NET Holding A/S pursuant to a €3.5 billion Euro Medium Term Note Programme.
Bank Leumi le-Israel B.M. as the issuer on the offering of US$500 million 5.125% Senior Notes due 2027. This deal was the first senior unsecured bond issued by an Israeli bank to international institutional investors pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1993.
A fund advised by Heights Capital Ireland LLC, a global equity and equity-linked focused investor, on the subscription for US$21.2 million amortising senior convertible bonds due 2027 issued by Renalytix Plc, a public company incorporated in England and listed on the AIM Market of the London Stock Exchange. The bonds are convertible into American Depositary Shares listed on the Nasdaq Global Market and each representing two ordinary shares in the share capital of Renalytix Plc and were issued alongside a concurrent U.S.$8.8 million private sale of ordinary shares and/or American Depositary Shares to certain existing shareholders, employees and institutional accredited investors.
A fund advised by Heights Capital Ireland, LLC, a global equity and equity-linked focused investor, in respect of US$5 million Senior Unsecured Convertible Bonds due 2026 issued by Pantheon Resources Plc, a public company incorporated in England and listed on the AIM market of the London Stock Exchange. The Bonds are convertible into fully paid-up ordinary shares in the capital of the issuer and were issued alongside a concurrent US$38 million equity placing by way of accelerated bookbuild process and US$3 million equity retail offer.
Citigroup Global Markets Limited, MUFG Securities EMEA plc, UBS AG London Branch, VTB Capital plc, First Heartland Securities JSC and Freedom Finance JSC as managers on the offering of US$500 million Notes by "Sovereign Wealth Fund ""Samruk-Kazyna"" JSC pursuant to Rule 144A and Regulation S of the US Securities Act of 1933. The notes are listed on the London Stock Exchange.