James Tanner

James Tanner

Associate
Baker & McKenzie LLP

Practice Focus

James's practice focuses on debt capital markets, securitisation and portfolio sales/acquisitions of both distressed and non-distressed assets. He also has experience across a range of financing transactions and products, including sovereign advisory matters, cross-border restructurings, CLOs and has a rapidly expanding sustainable finance / green bonds practice.

Representative Legal Matters

NPL matters

  • Acted for a leading US private investment fund on NPL and other portfolio acquisitions from 2013 onwards

  • Acted for Piraeus Bank on its sale of €2.238 billion Greek non-performing unsecured retail consumer and credit cards to APS Investments (2018)

  • Advised consortium of asset managers in bid for portfolio of unsecured Greek NPLs being sold by PQH, the Single Special Liquidator for all 17 credit and financial institutions under special liquidation in Greece (Aeolus Portfolio) (2019)

Securitisations / CLOs

  • Represented arrangers in CLO issuances, refinancings and warehouses including Goldman Sachs, JP Morgan, BNP Paribas, Credit Suisse and GreensLedge (including the first post-crisis European CBO, AECF-1)

  • Transaction counsel on Sadera structured note issuance, repackaging Ghanaian government promissory notes issued to an Egyptian property developer into Regulation S Eurobonds (2013)

  • Advised Bank One Limited as arranger and swap provider on multiple USD/local currency swaps collateralised by local government bonds with the central banks of southern/east African countries, including participation agreements syndicating the transactions (2019-2021). African Legal Awards 2020 - Banking, Finance and Restructuring Team of the Year (Highly Commended)

Debt capital markets

  • Advised Firmenich International SA, the world's largest privately-owned fragrance and flavour company, on the financing of its acquisition of DRT via a debut EUR 1.5 billion dual-tranche eurobond plus a Swiss Franc offering, followed by its debut EUR 750 million Hybrid Capital Bonds (Deeply Subordinated Resettable Perpetual Notes) (2020) IFLR Europe Awards 2021 - Deal of the Year (Shortlisted)

  • Advised Akbank on the issuance of the first post-COVID Turkish green bond (2020) 

  • Represented Ukranian state banks Ukreximbank and Oschadbank on the restructuring of their loan participation note programmes pursuant to the IMF programme for Ukraine (2015)

  • Advised Standard Chartered Bank/Dealers/JLMs on an update, drawdown and tap of the Eastern and Southern African Trade and Development Bank (TDB) USD 1 billion Euro Medium Term Note Programme (2019)


Admissions

  • Republic of Ireland (2019)
  • England & Wales (2012)

Education

  • University of Oxford (B.A., Law with Law Studies in Europe) (2009)
  • Université Pantheon-Assas (Paris II) (Erasmus Programme) (2008)

Co-author, "Unprecedented Challenges Complicate the Design and Execution of Much-needed Sovereign Debt Restructurings in Africa", Les Cahiers de Droit de l’Entreprise, November 2020

Co-author, "Baker McKenzie In The Know: Green Bonds - Growth and Challenges in the 144A Market," September 2019

Co-author, "Critical Challenges Facing the Green Bond Market", International Financial Law Review, September 2019

Panels

Panellist, European Leveraged Finance Association / Principles for Responsible Investment ESG Disclosure Workshop for Company Advisors (November 2020)

Speaker, 2020 Green Bond Workshop, Istanbul

Moderator, Green Finance for Island Economies at the Island Innovation - Virtual Island Summit, October 2019