Haden Henderson | People | Baker McKenzie

Biography

Haden is a New York qualified partner in the Firm’s Corporate Finance group in London. Prior to joining the Firm in September 2018, he worked in a leading US law firm in London. Haden has experience working on a wide range of corporate finance transactions, including high yield debt offerings, liability management transactions and syndicated credit facilities. Haden has also worked for an extended period on secondment at a leading global investment banking, securities and investment management firm in its leveraged finance team.

Haden is recognised as a key lawyer for High Yield in Legal 500 UK and is a ranked lawyer for High Yield by Chambers where clients note "Haden Henderson is very responsive, tells you exactly what you need to know and helps clients make their decision quickly. He's very helpful, proactive, technical, and he knows his stuff."

Practice Focus

Haden’s practice focuses on corporate finance transactions with a particular emphasis on high yield debt offerings. Haden regularly acts for corporations, private equity funds, investment banks and underwriters on leveraged transactions involving high yield debt offerings and commitment financing processes. Haden also regularly works on the syndicated loan side of transactions as well as out-of-court debt restructurings, including debt exchange and tender offers. Haden’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.
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 a leading private credit fund in connection with a private placement add-on by Garfunkelux Holdco 3 S.A. (Lowell) of GBP 117.5 million (equivalent) senior secured notes comprised of EUR 30 million in principal amount of additional floating rate senior secured notes due 2026, EUR 55 million in principal amount of additional 6.750% senior secured notes due 2025 and GBP 40 million in principal amount of additional 7.750% senior secured notes due 2025.
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 the joint lead managers in connection with the issuance by VEON of RUB 20 billion (USD 290 million) aggregate principal amount of 6.3% senior unsecured notes due 2025 under its Global Medium Term Note program.
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.

Professional Honors

Ranked for Capital Markets: High Yield by Chambers UK, 2022
Legal 500 "Key Lawyer", High Yield, London, 2021

Admissions

England & Wales (Registered Foreign Lawyer) (2018)
New York~United States (2015)
New Zealand (2007)

Education

Cambridge University (MPhil proxime accesserunt) (2010)
University of Auckland (LLB) (2007)
University of Auckland (BHSc) (2007)

Languages

English