Nathaniel Crowley | White & Case LLP International Law Firm, Global Law Practice

Nathaniel Crowley

Associate, London

T +44 20 7532 1542

E [email protected]

Overview

Nate is an associate in the Firm's Capital Markets group in London and is an English and Irish qualified lawyer. Nate's practice covers OTC derivatives, structured derivatives and structured finance, including credit and equity linked notes, repurchase transactions and stock lending, finance linked hedging and related regulatory matters. Nate regularly advises major international banks, sovereigns, central banks, funds and corporations with a particular focus on emerging markets.

He is also Chair of the Firm's Spectrum Affinity Network in London.

Prior to joining White & Case, Nate worked in the London and Hong Kong offices of a leading global law firm, where he focused on OTC derivatives for major international banks and structured finance work for arrangers, trustees and clearing houses.

Bars and Courts

  • Solicitor of the Senior Courts of England and Wales
  • Republic of Ireland

Education

  • LPC, The College of Law Moorgate
  • LLB, University of Bristol

Languages

  • English

Experience

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.

The Government of the Republic of Cameroon on a EUR/USD cross-currency swap for hedging their debut sovereign $750 million Eurobond. White & Case 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 has won multiple awards, taking "Deal of the Year – Debt" from the African Banker Magazine and saw White & Case awarded a first place "Standout" ranking from the Financial Times in its European FT Innovative Lawyers Awards in 2017 "New Markets and Capital".

The hedging bank group on a EUR/USD cross-currency swap relating to BOAD's $750 million Eurobond – the first such issue for the key development institution of the West African Monetary Union. This representation and White & Case's now deep experience of the African market meant the firm was also called upon to advise the hedging bank group when BOAD came back to the market in July 2017 with a second USD 850 million Eurobond issuance and associated EUR/USD cross-currency swap.

Advising Citibank as hedging provider on the refinancing of a portfolio of performing financial leasing originated by GE Capital Interbanca Group in relation to its acquisition by Banca IFIS S.p.A.

A top-tier French bank as perfect asset swap provider to a number of European CLO issuances by leading European and US investment managers.

Middle Eastern sovereign wealth funds and local banks on their hedging and related collateral arrangements and funding transactions.

The central bank of a major Gulf Cooperation Council (GCC) member state on multiple derivatives related matters.