Phil Houten

Associate, London
[email protected]

Biography

Overview

Phil Houten is an associate in the Firm's Capital Markets Group in London. He represents investment banks, private equity sponsors and companies in connection with international securities offerings, with a particular focus on high yield bond offerings and other Rule 144A and Regulation S debt offerings. 

Phil also has experience working on bridge acquisition facilities, initial public offerings, private placements, restructurings, liability management exercises and corporate governance matters.

Bars and Courts
California State Bar
Education
Juris Doctor
Vanderbilt University Law School
Bachelor of Arts
Middlebury College
Languages
English

Experience

Capital Markets
  • Represented Energean plc on its Rule 144A/Regulation S offering of $450 million senior secured notes. J.P. Morgan and ING Bank acted as the Joint Global Coordinators on this offering.
  • Advised BNP Paribas and Crédit Suisse Bank (Europe), S.A., as joint global coordinators on the debut Rule 144A/Regulation S offering by F.I.S. – Fabbrica Italiana Sintetici S.p.A. of €350 million sustainability-linked senior secured notes.
  • Represented Darktrace plc on its £1.7 billion initial public offering on the London Stock Exchange. *
  • Represented Tremor International Ltd. on its $129 million initial public offering of ADRs on the Nasdaq Stock Exchange. *
  • Advised the ad hoc group of bondholders on the negotiation of the lock up agreement reached as part of the financial restructuring of Naviera Armas S.A. *
  • Advised J.P. Morgan, as sole global coordinator, on the debut Rule 144A/Regulation S €320 million senior secured notes offering, subsequent €50 million tap offering and €200 million senior subordinated notes offering of House of HR NV. *
  • Advised Deutsche Bank AG, London Branch, Goldman Sachs International and Morgan Stanley & Co. International plc, as joint global coordinators, and Goldman Sachs International, as dealer manager, in (i) the €850 million senior secured notes offering and (ii) the €92.5 million exchange of existing New York law governed notes to new English law governed term loans of Synlab Bondco PLC. *
  • Advised Merrill Lynch International, Credit Suisse Securities (Europe) Limited and Deutsche Bank AG, London Branch, as joint global coordinators, in the Rule 144A/Regulation S €325 million senior secured notes offering of INEOS Finance plc. *
  • Represented Verisure Holding AB on its €200 million senior secured notes offering, as the first high yield European offering following the Covid-19 pandemic. *
  • Represented Schoeller Packaging B.V. on its €250 million Senior Secured Notes offering. *

*Matters while working at another firm