The Firm’s extensive experience with high-yield debt offerings covers numerous industries, including telecommunications, healthcare, energy, natural resources and banking, both within the U.S. and around the globe. S&C also has the resources and market expertise to efficiently structure high-yield transactions involving multiple jurisdictions.
S&C offers clients a unique approach built upon a history of innovation that includes working on many of the first LBOs and obtaining the first SEC No Action letter allowing the exchange of privately placed securities for publicly traded ones, inventing the type of transaction subsequently referred to as “Exxon Capital Exchange Offers.”
What Sets S&C’s High-Yield Debt Practice Apart?
Effective and Efficient Transaction Management
S&C’s demonstrated expertise in managing complex transactions has often been a key element in the success of high-yield transactions, which generally involve tight funding windows and parties with diverse interests. S&C was involved in many of the first LBO transactions and has built its practice by handling many of the world’s most complex and important leveraged financing transactions.
Significant Market Experience
S&C advises issuers, underwriters and various types of purchasers of high-yield debt and similar securities. Our experience with these different market participants, including in distressed situations, provides us with insight that further enhances our comprehensive approach to client service.
Integrated Approach to Legal Services
Clients also benefit from our preeminence in capital markets transactions and acquisition finance and, in many cases, the high-yield team utilizes the Firm’s expertise in a wide range of other areas such as tax, commercial real estate, environmental law, employee benefits, Investment Company Act, project finance and litigation. These resources, together with close working relationships within the Firm and between the Firm’s offices, enable S&C to deliver comprehensive service in a rapid and seamless manner.