andrew-brown

Andrew J. Brown

Associate
Baker McKenzie

Biography

Andrew is a New York-qualified associate in the Firm's corporate finance practice group in London. Prior to joining the Firm, he worked at a leading US law firm in New York. Andrew has experience working on a wide range of cross-border corporate finance transactions, including Regulation S and Rule 144A high-yield debt offerings, liability management transactions and syndicated credit facilities.

Practice Focus

Andrew's practice focuses on corporate finance transactions with a particular emphasis on high-yield debt offerings. Andrew regularly acts for public and private corporations, private equity sponsors, financial institutions and private capital providers on leveraged transactions involving high-yield debt offerings and commitment financing processes. Andrew has experience working on the syndicated loan side of transactions as well as liability management transactions. Andrew's practice also includes the representation of corporations in connection with complex cross-border corporate and securities law matters.

Representative Legal Matters

  • Acting for the initial purchasers in connection with the issuance by Vía Célere Desarrollos Inmobiliarios, S.A. of EUR 300 million aggregate principal amount of 5.25% senior secured high yield green bonds due 2026. The transaction represented the first green bond ever issued by a residential developer in the Euro market.

  • Acting for the initial purchasers in connection with the issuance by Neinor Homes, S.A. of EUR 300 million aggregate principal amount of 4.50% senior secured high yield green bonds due 2026. The transaction represented the first green bond ever issued by a residential developer in the Euro market.

  • Acting for the initial purchasers in connection with the issuance by AEDAS Homes OpCo, S.L.U., a subsidiary of AEDAS Homes, S.A., of EUR 325 million aggregate principal amount of 4.00% senior secured high yield green bonds due 2026.

  • Acting for the initial purchasers in connection with the issuance by VTR Comunicaciones SpA, a subsidiary of Liberty Latin America, of USD 410 million aggregate principal amount of 4.375% senior secured notes due 2029.

  • Acting for the initial purchasers, solicitation agents and lenders in connection with the implementation of a new global funding structure by Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company. The transaction included the issuance by Encore of EUR 350 million aggregate principal amount of 4.875% Senior Secured Notes due 2025 and a consent solicitation with respect to Cabot Financial (Luxembourg) S.A. and Cabot Financial (Luxembourg) II S.A., indirect subsidiaries of Encore, outstanding GBP 512.9 million 7.5% Senior Secured Notes due 2023 and EUR 400 million Senior Secured Floating Rate Notes due 2024 to enlarge the restricted group to encompass Encore and its subsidiaries and amend and restate the existing intercreditor agreement for the new financing structure. This transaction was shortlisted for IFLR Americas 2021 high yield deal of the year.
     
  • Acting for the initial purchasers in connection with the issuance by VTR Finance N.V. and VTR Comunicaciones SpA, subsidiaries of Liberty Latin America, of USD 550 million aggregate principal amount of 6.375% senior notes due 2028 and USD 600 million aggregate principal amount of 5.125% senior secured notes due 2028, respectively. 

  • Acting for a leading investment bank in connection with the private placement add-on of USD 90 million of 6.750% senior secured notes due 2027 by LCPR Senior Secured Financing Designated Activity Company in connection with Liberty Communications PR Holding LP’s USD 1.95 billion acquisition of AT&T’s operations in Puerto Rico and the US Virgin Islands.

  • Acting for the arrangers and dealers on the establishment of a USD 6.5 billion Global Medium Term Note programme by VEON, a leading global provider of connectivity and internet services.

  • Completed a directed share issue which will provide CELLINK with proceeds of approximately SEK 377 million. Carnegie Investment Bank acted as sole bookrunner in connection with the transaction. 

  • Acting for Impala Platinum Holdings Limited with respect to the financing arrangements for its acquisition of North American Palladium, with a deal value of approximately CAD 1 billion. 

Admissions

  • New York~United States (2018)

Education

  • University of Michigan Law School (J.D.) (2017)
  • St. Mary's College (B.A.) (2013)

Languages

  • English