Vanessa K. BlackmorePartner
Vanessa Blackmore is a partner in the London office and is qualified to practice English law. She has a broad-based domestic and international corporate practice, advising on mergers and acquisitions, private equity and hedge funds, international equity and debt capital markets financings, debt liability management, corporate restructurings, privatisations, joint ventures and on corporate governance and compliance issues. She has considerable experience in complex cross-border transactions and capital markets matters.
Rankings and Recognitions
Ms. Blackmore has been named as one of IFLR 1000’s Women Leaders - an elite cohort of leading female transactional experts in local markets globally. She is recognised as one of the “50 Most Influential Women in the Law” by Legal Business magazine, as a “leading practitioner in the Capital markets field” by Euromoney’s Women in Business Law Expert Guide 2019, and was honored as “Outstanding Practitioner of the Year” by Euromoney, Women in Business Law Awards: Best in Debt, Best in Equity, among other notable guides to the legal profession. She is recommended as a leading lawyer for capital markets in consecutive recent editions of Chambers Global, Chambers Europe, Chambers UK and The Legal 500 United Kingdom, as well as for M&A and capital markets (equity) in IFLR1000. She is a contributing editor to Tolley’s, International Financial Law Review and to Capital Markets Law Journal.
Ms. Blackmore is a visiting lecturer and an external examiner for the LLM in International Finance at King’s College, University of London.
SELECTED REPRESENTATIONSCapital Markets
Vanessa has extensive equity and debt capital markets experience, and frequently advises at all levels of the capital structure, often working with companies coming to market for the first time. Her experience includes:
- IPOs/Listings: Advised Pershing Square Capital Management on the formation of Pershing Square Holdings and on its IPO and Euronext listing. Advised Coca-Cola HBC (Greece) on its redomicile to Switzerland and relisting on the London Stock Exchange (premium segment). Advised in relation to: Justice Holdings (BVI), Mail.ru Group Limited (Russia), United Company RUSAL (Russia), Doncasters (U.K.), GlobeOp Financial Services (Luxembourg), Orchestream Holdings (U.K.), BorsodChem (Hungary) and Crown Castle (U.S.); Royal and Sun Alliance Insurance Group (U.K.) on its NYSE listing, Cable & Wireless Communications (U.K.) on its London and NASDAQ listings and Marconi Corporation (U.K.) on its London and NASDAQ listings as part of its financial restructuring.
- Rights Issues/Secondary Offerings: UBS (Switzerland), Skandinaviska Enskilda Banken (Sweden), Sketchley (U.K.), Mail.ru Group (Russia), Dolphin Capital Investors (Cyprus), Collins Stewart (U.K.), Anglo Gold Ashanti (South Africa), PT Inco (Indonesia) and Volkswagen (Germany).
- Equity-linked Issues: Anglo American, Cable & Wireless, BAA, Liberty International, United Business Media, Espirito Santo Financial Group.
- Debt Issues and Debt Liability Management: Advised Eksportfinans on the successful defence of an event of default claim in respect of two series of Samurai bonds brought against it by the U.S. hedge fund, Silverpoint, in the Japanese courts, advised on debt liability management issues including in relation to Fiat Industrial on its redomiciliation to The Netherlands, to Coca-Cola Hellenic on its redomiciliation and subsequent group reorganisation, to Statoil in relation to the reorganisation of its NorskHydro business and to ENEL on its reorganisation, advised on numerous tender offers including most recently in relation to JaguarLandRover, CEMEX and Coca-Cola Hellenic; advised the underwriters on the $1 billion debut multitranche high-yield debt offering by JaguarLandRover and four subsequent debt offerings, BG Group (U.K.) on its debut $1 billion yankee bond offering in 2011 and its further offering of $3 billion notes in 2011 and Statoil ASA (Norway) on its London listed debt issuances in 2013. She also represents Eksportfinans, Statoil, Coca-Cola Hellenic, Goldman Sachs Group and Nomura in relation to Euro medium-term debt. She has also acted on debt offerings for China Shenhua Energy Company Limited, ENN Energy, BHP-Billiton, AT&T, Anglo American, Iberdrola, Eni, Brit Insurance, Cable & Wireless Communications, CalEnergy, mmO2, London Electricity, Royal & Sun Alliance Insurance Group, SMC Global Power Holdings, Development Bank of Japan, Japan Finance Organisation for Municipalities, Japan Finance Corporation, Republic of Iceland and Republic of Ireland, among many others.
- Advised in relation to the financial restructuring of Marconi, Meridien Hotels and Boxclever, which included transferring control of the U.K.’s first whole business securitisation, and advised Olivant in relation to its proposal to rescue Northern Rock.
Vanessa’s M&A practice focuses on private and public M&A transactions, strategic investments and joint ventures, representing both principals and financial advisers. Her experience includes:
- M&A: Credit Suisse on its acquisition of Morgan Stanley’s EMEA private wealth management business based in Dubai and Italy; York Capital on a strategic investment by Credit Suisse; York Capital on new joint venture arrangements between York and CMRE; Evercore on its pending acquisition of ISI; SunTrust in relation to a proposed acquisition by Henderson of its Ridgeworth asset management business (abandoned); Aquiline Capital Partners on its acquisitions of CRT Capital Group and Conning; IntercontinentalExchange on its joint bid with NASDAQ to acquire NYSE Euronext (abandoned); Occidental PetroleumCorporation on its acquisition of Phibro LLC; TeliaSonera on its cash tender offers for AS Eesti Telecom and Teo LT AB; Mitsubishi UFJ Financial Group on its strategic investment in Morgan Stanley and related joint venture arrangements; BAA on its defence of the bid from Ferrovial; Imperial Chemical Industries on the carve-out and disposal of its ethanol and methanol businesses as part of a wider disposal programme; Cable & Wireless on the formation of Cable & Wireless Communications, through the combination of Bell Cable Media, NYNEX CableComms, Mercury and Videotron; Marconi on the reverse takeover of Easynet by Fibreway, on its joint venture arrangements with Railtrack, BritishWaterways Board and on its acquisition of APT; and advising KPN on the disposal of its Vision Networks cable business.
- Advising various consortia of international investment banks on their involvement in several electronic trading platforms including Trad-X and L-Max.