Jill Concannon's practice is focused on U.S. capital markets and corporate finance transactions.
Clients benefit from her experience of representing sponsors and underwriters in connection with international securities offerings. These include a number of award-winning and landmark transactions that were firsts within their respective markets. Jill also has experience of representing clients in senior and bridge acquisition facilities.
Jill was recently recognized as a "rising deal star" by Legal Business and is a ranked lawyer for high yieldin Chambers UK, "recommended" in Legal 500 UK for high yield, and, since 2019, has acted as Vice Chair of the High Yield Division of AFME (the Association for Financial Markets in Europe).
Jill represented WOM S.A. (Kenbourne Invest S.A.) on its US$450 million high yield bond issue and on its US$200 million (equivalent) pari passu senior credit facilities, which together provided WOM with an aggregate US$650 million (equivalent).
IHS Towers, 2019
Represented IHS Towers (IHS Netherlands Holdco B.V.) on its US$500 million and US$800 million dual-tranche bond issue and on its US$500 million (equivalent) US$ and Nigerian Naira pari passu senior credit facilities agreement, which will together provide IHS Towers with an aggregate US$1.8 billion (equivalent). We previously represented IHS Towers on the offering of US$800 million 9.500% Senior Notes due 2021 and the Tender Offer and Consent Solicitation in respect of their outstanding US$250 million 8.375% Guaranteed Senior Notes.
OCI N.V., 2019
Jill represented the initial purchasers in connection with the Rule 144A/Regulation S offering of US$1.1 billion (equivalent) senior secured notes due 2024 by OCI N.V. The Issuer is a global producer and distributor of natural gas-based fertilizers and industrial chemicals based in the Netherlands with significant operations across the US, Europe and the Middle East.
Doc Generici, 2019
Jill represented BNP Paribas as Joint Global Coordinator and Joint Bookrunner on the issuance a €470 million Floating Rate Senior Secured FRNs due 2026 by Diocle S.p.A, a vehicle created by ICG for the acquisition of Doc Generici, a generics pharmaceutical company in Italy.
Jill represented Avon International Capital p.l.c., a wholly-owned subsidiary of Avon Products, Inc. ("Avon"), the number one leading direct-selling beauty company in the world, in connection with its high-yield offering of US$400 million in aggregate principal amount of 6.500% Senior Secured Notes due 2022. The offering was conducted while Avon is in the process of being acquired by Natura Cosméticos S.A. Concurrently, we represented Avon in its offer to purchase for cash any and all of its outstanding 4.600% Notes due 2020.
ADES International Holding, 2019
Jill represented ADES International Holding PLC on the issuance of a $325 million high yield bond, 8.625% senior secured notes due 2024. The notes have been listed on the International Securities Market of the London Stock Exchange and offered and sold pursuant to Rule 144A and Regulation S under the Securities Act.
Jill represented Avast, the leading global cybersecurity provider, in connection with its US$816.6 million (£602 million) initial public offering (IPO), the biggest ever software IPO on the London Stock Exchange (LSE).
Pinnacle Bidco plc, 2018
Jill represented the initial purchasers in connection with the provision of a £360 million bridge facility to Pinnacle Bidco plc and subsequent issuance of £360 million 6.375% senior secured notes due 2025 by Pinnacle Bidco plc to facilitate the acquisition of UK fitness chain Pure Gym.
Play Communications, 2017
Jill represented Play Communications S.A. (Play) and its shareholders, Novator and Olympia, in connectionwith the €1 billion initial public offering (IPO) of Play on the Warsaw Stock Exchange, which values the company at €4 billion (PLN 16 billion).
Puma Energy, 2017
Jill represented Puma International Financing S.A. in connection with (i) the issuance of the company's 5.125% senior notes due 2024 in an aggregate principal amount of US$600 million (the New Notes) in a Rule 144A/Regulation S offering and (ii) a concurrent tender offer for the company's existing 6.75% notes due 2021. The offering of the New Notes and the tender offer were structured to constitute an intermediated exchange offer so the company could avail itself of certain favorable accounting treatment for the New Notes. The New Notes are guaranteed by Puma Energy Holdings Pte. Ltd. The Puma Energy Group is a leading, globally integrated midstream and downstream oil group. Merrill Lynch International, Société Générale, Australia and New Zealand Banking Group Limited, ING Bank N.V., London Branch, The Standard Bank of South Africa Limited, MUFG Securities Americas Inc. and Natixis Securities Americas LLC acted as initial purchasers and Merrill Lynch International and Société Générale acted as dealer managers in the transactions.
"Investor views", October 2015: AFME 10th Annual European High Yield Conference, (panelist)
"Dynamic options: bank vs. bond – the future of European corporate finance?", October 2014: AFME 9th Annual European High Yield Conference, (panelist)
"Time for a Change", International Finance Law Review, January 2011, (co-author)