Debt capital markets
Navigating the challenging and dynamic debt capital markets
We help clients plan, navigate and execute complex cross-border bond and debt transactions. We are a dedicated specialist debt advisory team, with experience across investment grade bonds, high yield bonds, rule 144a bonds, Euro medium term note (EMTN)/Global medium term note (GMTN) programmes, and Environmental, Social and Governance (ESG), green and sustainability-linked bonds. The team has deep industry knowledge and expertise across several international markets.
How we can help
Planning and selection
- Assess the requirements of your organisation, current financial liquidity and risk profile. We offer an experienced team to provide support in the selection of available debt securities:
- Investment grade bonds
- High yield bonds
- EMTN (establishment, updates and drawdowns)
- ESG/Green/Sustainability bonds
- Rule 144a bonds
- Determine deal readiness and areas of risk and focus at the outset of the transaction
- Drive project management and coordination for the transaction and provide practical, commercial and timely advice to achieve transaction milestone dates
Financial reporting
- Deploy our knowledge of the business to assist and advise on inclusion of the financial information, non-GAAP measures, pro forma financial information and non-financial information in the Offering Memorandum
- Optimise presentation of historical financial information so that the most comfort can be provided by the independent auditors
- Review of consistency of financial information included in the Offering Memorandum, rating agency presentations and roadshow materials
- Transaction support and assistance with documentation and disclosures in the Offering Memorandum, including the specific style of financial disclosures for Rule 144a issuances (if applicable)
Regulatory environment
- Provide advice on current market practice and ongoing transaction compliance which is highly important in order to market to potential investors
- Assistance with the due diligence process
- Assistance with communications with regulators
Other services
- Assistance with the drafting of financial sections of the Offering Memorandum
- Provide tax, structuring and accounting advisory advice in complex financial transactions, such as M&A, carve outs, divestitures etc.
Bonds in review: The European ESG/green/sustainable bond market saw nearly double the number and value of deals in 2021 compared to 2020, highlighting the clear focus on green/sustainable finance from both investors and issuers. In 2021, there were 296 deals and c.€155bn raised compared to 149 deals and c.€82bn raised in 2020. We expect bond issuances with an ESG/green/sustainable element to see continued growth in the market.
Services
Find out more about our breadth of services.
Related content
Contact us
Follow us
