CINXE.COM

Debt Capital Markets | Law Firm - Watson Farley & Williams

<!doctype html> <html class="no-js" lang="en-GB"> <head> <meta charset="UTF-8"> <title>Debt Capital Markets | Law Firm - Watson Farley &amp; Williams</title> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1"> <meta name="HandheldFriendly" content="True"> <meta name="MobileOptimized" content="320"> <meta name="apple-mobile-web-app-capable" content="yes"> <meta name="apple-mobile-web-app-status-bar-style" content="black"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="format-detection" content="telephone=no"> <meta name="SKYPE_TOOLBAR" content="SKYPE_TOOLBAR_PARSER_COMPATIBLE"> <link rel="apple-touch-icon" sizes="57x57" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-57x57.png"> <link rel="apple-touch-icon" sizes="60x60" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-60x60.png"> <link rel="apple-touch-icon" sizes="72x72" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-72x72.png"> <link rel="apple-touch-icon" sizes="76x76" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-76x76.png"> <link rel="apple-touch-icon" sizes="114x114" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-114x114.png"> <link rel="apple-touch-icon" sizes="120x120" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-120x120.png"> <link rel="apple-touch-icon" sizes="144x144" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-144x144.png"> <link rel="apple-touch-icon" sizes="152x152" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-152x152.png"> <link rel="apple-touch-icon" sizes="180x180" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/apple-icon-180x180.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-36x36.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-48x48.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-72x72.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-96x96.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-144x144.png"> <link rel="icon" type="image/png" sizes="192x192" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/android-icon-192x192.png"> <link rel="icon" type="image/png" sizes="32x32" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/favicon-32x32.png"> <link rel="icon" type="image/png" sizes="96x96" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/favicon-96x96.png"> <link rel="icon" type="image/png" sizes="16x16" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/favicon-16x16.png"> <link rel="manifest" href="https://www.wfw.com/wp-content/themes/wfw/images/favicon/manifest.json"> <meta name="msapplication-TileColor" content="#ffffff"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-70x70.png"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-144x144.png"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-150x150.png"> <meta name="msapplication-TileImage" content="https://www.wfw.com/wp-content/themes/wfw/images/favicon/ms-icon-310x310.png"> <meta name="theme-color" content="#ffffff"> <meta name="referrer" content="no-referrer-when-downgrade"> <style type="text/css"> @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/17c31e5c-5784-4ae6-8cec-a6caed2afd3f.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/0555dc6b-1bb5-4cdc-8975-756197067e95.woff") format("woff"); font-weight: 400; font-style: normal; font-display: swap; } @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/fdf371b8-1ed3-4c8c-a647-5c57f889f586.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/42f91b8c-9815-4407-a659-bd79b1104da2.woff") format("woff"); font-weight: 400; font-style: italic; font-display: swap; } @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/69222be9-c9d5-4171-b3cd-f4c1697d4e75.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/ac71c358-4cfa-4488-a823-3d4a086ab35c.woff") format("woff"); font-weight: 700; font-style: normal; font-display: swap; } @font-face{ font-family:"Calibri W06"; src:url("/wp-content/themes/wfw/Fonts/d3a0bdd1-8fef-4e49-a808-6bf63cc5ffd0.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/f29d2fec-cc28-4d35-88a0-7c81385c6e79.woff") format("woff"); font-weight: 700; font-style: italic; } @font-face{ font-family:"Futura W01"; src:url("/wp-content/themes/wfw/Fonts/e17c7943-8db2-4470-9e2a-74a8d01f6776.woff2") format("woff2"),url("/wp-content/themes/wfw/Fonts/6c72b0cb-89a1-4da9-8574-9244967bd9d6.woff") format("woff"); font-weight: 500; font-style: normal; font-display: swap; } </style> <script type="text/javascript"> var MTIProjectId='54fe8e95-c4e4-4fc9-99d3-d3c4e67621f9'; (function() { var mtiTracking = document.createElement('script'); mtiTracking.type='text/javascript'; mtiTracking.async='true'; mtiTracking.src='mtiFontTrackingCode.js'; (document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild( mtiTracking ); })(); </script> <script> window.dataLayer = window.dataLayer || []; function gtag() { dataLayer.push(arguments); } gtag("consent", "default", { ad_user_data: "denied", ad_personalization: "denied", ad_storage: "denied", analytics_storage: "denied", functionality_storage: "denied", personalization_storage: "denied", security_storage: "granted", wait_for_update: 500, }); gtag("set", "ads_data_redaction", true); gtag("set", "url_passthrough", true); </script> <script> (function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({'gtm.start':new Date().getTime(), event: 'gtm.js'}); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l !== 'dataLayer' ? '&l=' + l : ''; j.async = true; j.src = 'https://www.googletagmanager.com/gtm.js?id=' + i + dl; f.parentNode.insertBefore(j, f);})( window, document, 'script', 'dataLayer', 'GTM-WPBXG42' ); </script> <meta name='robots' content='index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1' /> <!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https://yoast.com/wordpress/plugins/seo/ --> <meta name="description" content="Experienced in structuring &amp; negotiating transactions across the entire spectrum of debt capital markets products." /> <link rel="canonical" href="https://www.wfw.com/services/capital-markets/debt-capital-markets/" /> <meta property="og:locale" content="en_GB" /> <meta property="og:type" content="article" /> <meta property="og:title" content="Debt Capital Markets" /> <meta property="og:description" content="Experienced in structuring &amp; negotiating transactions across the entire spectrum of debt capital markets products." /> <meta property="og:url" content="https://www.wfw.com/services/capital-markets/debt-capital-markets/" /> <meta property="og:site_name" content="Watson Farley &amp; Williams" /> <meta property="article:publisher" content="https://www.facebook.com/watsonfarleywilliams" /> <meta property="article:modified_time" content="2023-09-05T15:48:02+00:00" /> <meta property="og:image" content="https://www.wfw.com/wp-content/uploads/2019/04/Feature-Chart-and-data-shutterstock_351347135.jpg" /> <meta property="og:image:width" content="1920" /> <meta property="og:image:height" content="1200" /> <meta property="og:image:type" content="image/jpeg" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:site" content="@WFW_LLP" /> <meta name="twitter:label1" content="Estimated reading time" /> <meta name="twitter:data1" content="1 minute" /> <!-- / Yoast SEO Premium plugin. --> <link rel='dns-prefetch' href='//hcaptcha.com' /> <script type="text/javascript"> /* <![CDATA[ */ window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/www.wfw.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.6.2"}}; /*! This file is auto-generated */ !function(i,n){var o,s,e;function c(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function p(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data),r=(e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0),new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data));return t.every(function(e,t){return e===r[t]})}function u(e,t,n){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\uddfa\ud83c\uddf3","\ud83c\uddfa\u200b\ud83c\uddf3")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!n(e,"\ud83d\udc26\u200d\u2b1b","\ud83d\udc26\u200b\u2b1b")}return!1}function f(e,t,n){var r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):i.createElement("canvas"),a=r.getContext("2d",{willReadFrequently:!0}),o=(a.textBaseline="top",a.font="600 32px Arial",{});return e.forEach(function(e){o[e]=t(a,e,n)}),o}function t(e){var t=i.createElement("script");t.src=e,t.defer=!0,i.head.appendChild(t)}"undefined"!=typeof Promise&&(o="wpEmojiSettingsSupports",s=["flag","emoji"],n.supports={everything:!0,everythingExceptFlag:!0},e=new Promise(function(e){i.addEventListener("DOMContentLoaded",e,{once:!0})}),new Promise(function(t){var n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),p.toString()].join(",")+"));",r=new Blob([e],{type:"text/javascript"}),a=new Worker(URL.createObjectURL(r),{name:"wpTestEmojiSupports"});return void(a.onmessage=function(e){c(n=e.data),a.terminate(),t(n)})}catch(e){}c(n=f(s,u,p))}t(n)}).then(function(e){for(var t in e)n.supports[t]=e[t],n.supports.everything=n.supports.everything&&n.supports[t],"flag"!==t&&(n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&n.supports[t]);n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&!n.supports.flag,n.DOMReady=!1,n.readyCallback=function(){n.DOMReady=!0}}).then(function(){return e}).then(function(){var e;n.supports.everything||(n.readyCallback(),(e=n.source||{}).concatemoji?t(e.concatemoji):e.wpemoji&&e.twemoji&&(t(e.twemoji),t(e.wpemoji)))}))}((window,document),window._wpemojiSettings); /* ]]> */ </script> <style id='wp-emoji-styles-inline-css' type='text/css'> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <style id='global-styles-inline-css' type='text/css'> :root{--wp--preset--aspect-ratio--square: 1;--wp--preset--aspect-ratio--4-3: 4/3;--wp--preset--aspect-ratio--3-4: 3/4;--wp--preset--aspect-ratio--3-2: 3/2;--wp--preset--aspect-ratio--2-3: 2/3;--wp--preset--aspect-ratio--16-9: 16/9;--wp--preset--aspect-ratio--9-16: 9/16;--wp--preset--color--black: #000000;--wp--preset--color--cyan-bluish-gray: #abb8c3;--wp--preset--color--white: #ffffff;--wp--preset--color--pale-pink: #f78da7;--wp--preset--color--vivid-red: #cf2e2e;--wp--preset--color--luminous-vivid-orange: #ff6900;--wp--preset--color--luminous-vivid-amber: #fcb900;--wp--preset--color--light-green-cyan: #7bdcb5;--wp--preset--color--vivid-green-cyan: #00d084;--wp--preset--color--pale-cyan-blue: #8ed1fc;--wp--preset--color--vivid-cyan-blue: #0693e3;--wp--preset--color--vivid-purple: #9b51e0;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple: linear-gradient(135deg,rgba(6,147,227,1) 0%,rgb(155,81,224) 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan: linear-gradient(135deg,rgb(122,220,180) 0%,rgb(0,208,130) 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange: linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red: linear-gradient(135deg,rgba(255,105,0,1) 0%,rgb(207,46,46) 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray: linear-gradient(135deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);--wp--preset--gradient--cool-to-warm-spectrum: linear-gradient(135deg,rgb(74,234,220) 0%,rgb(151,120,209) 20%,rgb(207,42,186) 40%,rgb(238,44,130) 60%,rgb(251,105,98) 80%,rgb(254,248,76) 100%);--wp--preset--gradient--blush-light-purple: linear-gradient(135deg,rgb(255,206,236) 0%,rgb(152,150,240) 100%);--wp--preset--gradient--blush-bordeaux: linear-gradient(135deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);--wp--preset--gradient--luminous-dusk: linear-gradient(135deg,rgb(255,203,112) 0%,rgb(199,81,192) 50%,rgb(65,88,208) 100%);--wp--preset--gradient--pale-ocean: linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%);--wp--preset--gradient--electric-grass: linear-gradient(135deg,rgb(202,248,128) 0%,rgb(113,206,126) 100%);--wp--preset--gradient--midnight: linear-gradient(135deg,rgb(2,3,129) 0%,rgb(40,116,252) 100%);--wp--preset--font-size--small: 13px;--wp--preset--font-size--medium: 20px;--wp--preset--font-size--large: 36px;--wp--preset--font-size--x-large: 42px;--wp--preset--spacing--20: 0.44rem;--wp--preset--spacing--30: 0.67rem;--wp--preset--spacing--40: 1rem;--wp--preset--spacing--50: 1.5rem;--wp--preset--spacing--60: 2.25rem;--wp--preset--spacing--70: 3.38rem;--wp--preset--spacing--80: 5.06rem;--wp--preset--shadow--natural: 6px 6px 9px rgba(0, 0, 0, 0.2);--wp--preset--shadow--deep: 12px 12px 50px rgba(0, 0, 0, 0.4);--wp--preset--shadow--sharp: 6px 6px 0px rgba(0, 0, 0, 0.2);--wp--preset--shadow--outlined: 6px 6px 0px -3px rgba(255, 255, 255, 1), 6px 6px rgba(0, 0, 0, 1);--wp--preset--shadow--crisp: 6px 6px 0px rgba(0, 0, 0, 1);}:where(.is-layout-flex){gap: 0.5em;}:where(.is-layout-grid){gap: 0.5em;}body .is-layout-flex{display: flex;}.is-layout-flex{flex-wrap: wrap;align-items: center;}.is-layout-flex > :is(*, div){margin: 0;}body .is-layout-grid{display: grid;}.is-layout-grid > :is(*, div){margin: 0;}:where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;}:where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;}.has-black-color{color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color: var(--wp--preset--color--white) !important;}.has-pale-pink-color{color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color: var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color: var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color: var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color: var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color: var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background: var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background: var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background: var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size: var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size: var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size: var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size: var(--wp--preset--font-size--x-large) !important;} :where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;} :where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;} :root :where(.wp-block-pullquote){font-size: 1.5em;line-height: 1.6;} </style> <link rel='stylesheet' id='contact-form-7-css' href='https://www.wfw.com/wp-content/plugins/contact-form-7/includes/css/styles.css?ver=6.0' media='all' /> <link rel='stylesheet' id='wpcf7-redirect-script-frontend-css' href='https://www.wfw.com/wp-content/plugins/wpcf7-redirect/build/css/wpcf7-redirect-frontend.min.css?ver=1.1' media='all' /> <link rel='stylesheet' id='search-filter-plugin-styles-css' href='https://www.wfw.com/wp-content/plugins/search-filter-pro/public/assets/css/search-filter.min.css?ver=2.5.19' media='all' /> <link rel='stylesheet' id='tjldesigns-css-main-css' href='https://www.wfw.com/wp-content/themes/wfw/style.css?ver=1731919598' media='' /> <link rel='stylesheet' id='tjldesigns-css-aos-css' href='https://www.wfw.com/wp-content/themes/wfw/js/aos.css?ver=1.0' media='all' /> <link rel='stylesheet' id='fancybox-css' href='https://www.wfw.com/wp-content/plugins/easy-fancybox/fancybox/1.5.4/jquery.fancybox.css?ver=1732676857' media='screen' /> <link rel='stylesheet' id='tablepress-default-css' href='https://www.wfw.com/wp-content/tablepress-combined.min.css?ver=530' media='all' /> <link rel='stylesheet' id='tablepress-responsive-tables-css' href='https://www.wfw.com/wp-content/plugins/tablepress-responsive-tables/css/tablepress-responsive.min.css?ver=1.8' media='all' /> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/jquery/jquery.min.js?ver=3.7.1" id="jquery-core-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/jquery/jquery-migrate.min.js?ver=3.4.1" id="jquery-migrate-js"></script> <link rel="https://api.w.org/" href="https://www.wfw.com/wp-json/" /><link rel="alternate" title="JSON" type="application/json" href="https://www.wfw.com/wp-json/wp/v2/pages/3305" /><link rel="alternate" title="oEmbed (JSON)" type="application/json+oembed" href="https://www.wfw.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.wfw.com%2Fservices%2Fcapital-markets%2Fdebt-capital-markets%2F" /> <link rel="alternate" title="oEmbed (XML)" type="text/xml+oembed" href="https://www.wfw.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.wfw.com%2Fservices%2Fcapital-markets%2Fdebt-capital-markets%2F&#038;format=xml" /> <!-- This site is optimized with the Schema plugin v1.7.9.6 - https://schema.press --> <script type="application/ld+json">[{"@context":"http:\/\/schema.org\/","@type":"WPHeader","url":"https:\/\/www.wfw.com\/services\/capital-markets\/debt-capital-markets\/","headline":"Debt Capital Markets","description":"Advising issuers and underwriters as well as investors, trustees and other participants in the global debt capital markets,..."},{"@context":"http:\/\/schema.org\/","@type":"WPFooter","url":"https:\/\/www.wfw.com\/services\/capital-markets\/debt-capital-markets\/","headline":"Debt Capital Markets","description":"Advising issuers and underwriters as well as investors, trustees and other participants in the global debt capital markets,...","copyrightYear":"2019"}]</script> <!-- This site is optimized with the Schema plugin v1.7.9.6 - https://schema.press --> <script type="application/ld+json">{"@context":"https:\/\/schema.org\/","@type":"Article","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/www.wfw.com\/services\/capital-markets\/debt-capital-markets\/"},"url":"https:\/\/www.wfw.com\/services\/capital-markets\/debt-capital-markets\/","headline":"Debt Capital Markets","datePublished":"2019-04-23T17:20:22+01:00","dateModified":"2023-09-05T16:48:02+01:00","publisher":{"@type":"Organization","@id":"https:\/\/www.wfw.com\/#organization","name":"Watson Farley &amp; Williams","logo":{"@type":"ImageObject","url":"https:\/\/dev2.wfw.temporarywebsiteaddress.com\/wp-content\/uploads\/2019\/07\/logo-wfw.png","width":600,"height":60}},"image":{"@type":"ImageObject","url":"https:\/\/www.wfw.com\/wp-content\/uploads\/2019\/04\/Feature-Chart-and-data-shutterstock_351347135.jpg","width":1920,"height":1200},"description":"Advising issuers and underwriters as well as investors, trustees and other participants in the global debt capital markets, our lawyers are experienced in structuring and negotiating transactions across the entire spectrum of debt capital markets products including Eurobonds, EMTN programmes, investment grade products, convertible and exchangeable bonds, project bonds,","author":{"@type":"Person","name":"Sam Abreo","url":"https:\/\/www.wfw.com\/author\/sam-abreo\/","image":{"@type":"ImageObject","url":"https:\/\/secure.gravatar.com\/avatar\/1eaa484b9c78c6a4916b7c0052319696?s=96&d=mm&r=g","height":96,"width":96},"sameAs":["https:\/\/www.wfw.com"]}}</script> <style> .h-captcha{position:relative;display:block;margin-bottom:2rem;padding:0;clear:both}.h-captcha[data-size="normal"]{width:303px;height:78px}.h-captcha[data-size="compact"]{width:164px;height:144px}.h-captcha[data-size="invisible"]{display:none}.h-captcha::before{content:'';display:block;position:absolute;top:0;left:0;background:url(https://www.wfw.com/wp-content/plugins/hcaptcha-for-forms-and-more/assets/images/hcaptcha-div-logo.svg) no-repeat;border:1px solid #fff0;border-radius:4px}.h-captcha[data-size="normal"]::before{width:300px;height:74px;background-position:94% 28%}.h-captcha[data-size="compact"]::before{width:156px;height:136px;background-position:50% 79%}.h-captcha[data-theme="light"]::before,body.is-light-theme .h-captcha[data-theme="auto"]::before,.h-captcha[data-theme="auto"]::before{background-color:#fafafa;border:1px solid #e0e0e0}.h-captcha[data-theme="dark"]::before,body.is-dark-theme .h-captcha[data-theme="auto"]::before,html.wp-dark-mode-active .h-captcha[data-theme="auto"]::before,html.drdt-dark-mode .h-captcha[data-theme="auto"]::before{background-image:url(https://www.wfw.com/wp-content/plugins/hcaptcha-for-forms-and-more/assets/images/hcaptcha-div-logo-white.svg);background-repeat:no-repeat;background-color:#333;border:1px solid #f5f5f5}.h-captcha[data-size="invisible"]::before{display:none}.h-captcha iframe{position:relative}div[style*="z-index: 2147483647"] div[style*="border-width: 11px"][style*="position: absolute"][style*="pointer-events: none"]{border-style:none} </style> <!-- This site is optimized with the Schema plugin v1.7.9.6 - https://schema.press --> <script type="application/ld+json">{ "@context": "http://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@id": "https://www.wfw.com", "name": "Home" } }, { "@type": "ListItem", "position": 2, "item": { "@id": "https://www.wfw.com/services/", "name": "Services" } }, { "@type": "ListItem", "position": 3, "item": { "@id": "https://www.wfw.com/services/capital-markets/", "name": "Capital Markets" } }, { "@type": "ListItem", "position": 4, "item": { "@id": "https://www.wfw.com/services/capital-markets/debt-capital-markets/", "name": "Debt Capital Markets", "image": "https://www.wfw.com/wp-content/uploads/2019/04/Feature-Chart-and-data-shutterstock_351347135.jpg" } } ] }</script> <style> span[data-name="hcap-cf7"] .h-captcha{margin-bottom:0}span[data-name="hcap-cf7"]~input[type="submit"],span[data-name="hcap-cf7"]~button[type="submit"]{margin-top:2rem} </style> <style type="text/css" id="wp-custom-css"> .page-id-30074 .careers_jobs_holder .searchandfilter > ul > li:last-child { float: none; } .dataTables_paginate a { color: #115e67 !important; } p.custom-indent { text-indent:60px; } .postid-38147 #people_left h1 { font: bold 2em/110% 'Calibri W06', Arial, sans-serif; } .postid-38147 #people_right h4 { font-family: 'Calibri W06', Arial, sans-serif; font-size: 1.15em; } @media (max-width: 420px) { .postid-38147 #people_left h1 { font-size: 1.3em; } } </style> <script type="text/plain" data-cookieconsent="statistics"> (function(c,l,a,r,i,t,y){ c[a]=c[a]||function(){(c[a].q=c[a].q||[]).push(arguments)}; t=l.createElement(r);t.async=1;t.src="https://www.clarity.ms/tag/"+i; y=l.getElementsByTagName(r)[0];y.parentNode.insertBefore(t,y); })(window, document, "clarity", "script", "cq3cwbyorb"); </script> <!-- Google Tag Manager --> <script type="text/javascript">(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-WPBXG42');</script> <!-- End Google Tag Manager --> <script type="text/plain" data-cookieconsent="marketing">!function(r){var i=document.createElement("img");i.setAttribute("src","//wfw.vuture.net/security/tracker.gif?referer="+encodeURIComponent(r))}(document.referrer);</script> </head> <body data-rsssl=1 class="page-template page-template-template-sector-services page-template-template-sector-services-php page page-id-3305 page-child parent-pageid-801 debt-capital-markets"> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-WPBXG42" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <!-- End Google Tag Manager (noscript) --> <div id="mc-overall-wrapper"> <header id="header_main" role="banner" class="header_main_white"> <a href="#" id="menu-expertise" class="menu-icon">Expertise</a> <a href="#" id="menu-main" class="menu-icon">Menu</a> <a href="https://www.wfw.com/" id="logo_wfw">Watson Farley & Williams</a> <form name="search_form" role="search" method="get" class="search_form" action="/search/" autocomplete="off"> <input type="text" class="search_form_text" name="_sf_s" placeholder="Search" id="input_keyword"> <input type="submit" value="Search" class="search_form_submit"> </form> </header> <div id="menu_hide_content"> <section role="main" class="clearfix"> <div id="sector_services_wrapper"> <div id="sector_services_banner_holder" class="sector_services_banner_holder_white"> <div id="sector_services_banner_overflow"><div id="sector_services_banner" class="post_banner_react" style="background-image: url(https://www.wfw.com/wp-content/uploads/2019/04/Feature-Chart-and-data-shutterstock_351347135.jpg);"></div></div> <div id="sector_services_banner_h1"> <div class="container"> <div id="sector_services_banner_h1_table"> <div id="sector_services_banner_h1_cell"> <h1>Debt Capital Markets</h1> </div> </div> </div> </div> <span class="glide_focus_menu" id="sector_services_meet_team_sticky"><a href="#sector_services_team" id="sector_services_meet_team" class="navy">Meet the team</a></span> </div> <div class="container clearfix"> <div id="sector_services_left" class="clearfix"> <div id="people_menu" class="sector_services_top_menu glide_focus_menu clearfix"> <nav role="navigation"> <ul> <li><a href="#sector_services_info" class="active">Summary</a></li> </ul> </nav> </div> <div id="people_menu_mob" class="glide_focus_menu"> <a id="people_menu_mob_toggle" href="#">More information</a> <div id="people_menu_mob_reveal"> <nav role="navigation"> <ul> <li><a href="#sector_services_info">Summary</a></li> <li><a href="#sector_services_team">Meet the team</a></li> </ul> </nav> </div> </div> <div id="sector_services_info"> <h2 id="sector_services_info_h2" class="h3_styler">With an expert international legal team, we utilise our experience across the spectrum of debt capital market products to deliver on the goals of market participants. </h2> <div id="sector_services_info_capped"> <div class="post_wysiwyg"> <p>Advising issuers and underwriters as well as investors, trustees and other participants in the global debt capital markets, our lawyers are experienced in structuring and negotiating transactions across the entire spectrum of debt capital markets products including Eurobonds, EMTN programmes, investment grade products, convertible and exchangeable bonds, project bonds, private placements, sukuks and high yield bonds.</p> <p>We add particular value in sector-specific debt financings through a combination of our broad finance capability and industry expertise across infrastructure projects and in our core sectors of Energy and Transport.</p> <h2>Find out more:</h2> <ul> <li><a href="https://www.wfw.com/sectors/energy/"><strong>Energy</strong></a></li> <li><a href="https://www.wfw.com/services/finance/"><strong>Finance</strong></a></li> <li><a href="https://www.wfw.com/sectors/infrastructure/"><strong>Infrastructure</strong></a></li> <li><a href="https://www.wfw.com/sectors/transport/"><strong>Transport</strong></a></li> </ul> </div> <div id="sector_services_experience_desktop"> </div> </div> </div> <div id="sector_services_submenu"> <nav role="navigation"><div class="sector_services_submenu"><ul><li class="page_item page-item-3303"><a href="https://www.wfw.com/services/capital-markets/corporate-trust-agency/">Corporate Trust and Agency</a></li> <li class="page_item page-item-3305 current_page_item"><a href="https://www.wfw.com/services/capital-markets/debt-capital-markets/" aria-current="page">Debt Capital Markets</a></li> <li class="page_item page-item-35239"><a href="https://www.wfw.com/services/capital-markets/derivatives/">Derivatives</a></li> <li class="page_item page-item-3307"><a href="https://www.wfw.com/services/capital-markets/equity-capital-markets/">Equity Capital Markets</a></li> <li class="page_item page-item-3300"><a href="https://www.wfw.com/services/capital-markets/structured-finance/">Structured Finance</a></li> </ul></div><ul class="sector_services_submenu_back"><li class="page_item page-item-801 current_page_ancestor current_page_parent"><a href="https://www.wfw.com/services/capital-markets/">< Back to Capital Markets</a></li> </ul></nav> </div> </div> </div> <div id="home_insights" class="home_insights_archive"> <div class="container clearfix"> <h2>Insights</h2> <ol><li class="article_1"><div class="home_features_col"><article><div class="home_features_col_img"><a href="https://www.wfw.com/articles/developments-in-the-london-listing-markets-new-uk-listing-rules-and-other-developments/"><img src="https://www.wfw.com/wp-content/uploads/2019/03/Data-Charts-shutterstock_281485352.jpg" alt=""></a></div><span class="header_tiny header_tiny_type">Article</span><h3 class="h3_styler"><a href="https://www.wfw.com/articles/developments-in-the-london-listing-markets-new-uk-listing-rules-and-other-developments/">Developments in the London listing markets: New UK Listing Rules and other developments</a></h3></article></div></li><li class="article_2"><div class="home_features_col"><article><div class="home_features_col_img"><a href="https://www.wfw.com/articles/the-delaware-court-of-chancery-invalidates-terms-of-a-stockholder-agreement-and-sheds-light-on-how-joint-ventures-and-governance-should-be-structured/"><img src="https://www.wfw.com/wp-content/uploads/2020/07/BalanceOfJustice-shutterstock_282701696.jpg" alt=""></a></div><span class="header_tiny header_tiny_type">Article</span><h3 class="h3_styler"><a href="https://www.wfw.com/articles/the-delaware-court-of-chancery-invalidates-terms-of-a-stockholder-agreement-and-sheds-light-on-how-joint-ventures-and-governance-should-be-structured/">The Delaware Court of Chancery invalidates terms of a stockholder agreement and sheds light on how joint ventures and governance should be structured</a></h3></article></div></li><li class="article_3"><div class="home_features_col"><article><div class="home_features_col_img"><a href="https://www.wfw.com/articles/developments-in-the-london-listing-markets-financial-services-and-markets-act-2023-and-changes-to-uk-financial-promotion-regime/"><img src="https://www.wfw.com/wp-content/uploads/2019/03/Data-Charts-shutterstock_281485352.jpg" alt=""></a></div><span class="header_tiny header_tiny_type">Article</span><h3 class="h3_styler"><a href="https://www.wfw.com/articles/developments-in-the-london-listing-markets-financial-services-and-markets-act-2023-and-changes-to-uk-financial-promotion-regime/">Developments in the London listing markets: Financial Services and Markets Act 2023 and changes to UK financial promotion regime</a></h3></article></div></li></ol> <p id="sector_services_articles_all"><a href="/insights/?_sft_service=dcm" class="button_outline">View all insights</a></p> </div> </div> <div id="sector_services_team"> <div class="container clearfix"> <div id="sector_services_team_holder"> <h2 class="sector_services_team_desktop">Meet the team</h2> <h2 class="sector_services_team_mobile">Key contacts</h2> <div id="sector_services_ctas" class="clearfix"> <div class="sector_services_toggle_menu"> <a href="#" class="sector_services_toggle" id="sector_services_people_toggle">All offices</a> <nav role="navigation" class="sector_services_menu"> <ul><li><a href="?office=33#sector_services_team">France</a><ul><li><a href="?office=12#sector_services_team">Paris</a></li></ul></li><li><a href="?office=34#sector_services_team">Germany</a><ul><li><a href="?office=2#sector_services_team">Hamburg</a></li></ul></li><li><a href="?office=35#sector_services_team">Greece</a><ul><li><a href="?office=10#sector_services_team">Athens</a></li></ul></li><li><a href="?office=38#sector_services_team">Italy</a><ul><li><a href="?office=21#sector_services_team">Milan</a></li></ul></li><li><a href="?office=1678#sector_services_team">Republic of Korea</a><ul><li><a href="?office=1679#sector_services_team">Seoul</a></li></ul></li><li><a href="?office=18#sector_services_team">Singapore</a><ul><li><a href="?office=221#sector_services_team">Singapore</a></li></ul></li><li><a href="?office=37#sector_services_team">Spain</a><ul><li><a href="?office=22#sector_services_team">Madrid</a></li></ul></li><li><a href="?office=39#sector_services_team">UAE</a><ul><li><a href="?office=19#sector_services_team">Dubai</a></li></ul></li><li><a href="?office=36#sector_services_team">United Kingdom</a><ul><li><a href="?office=11#sector_services_team">London</a></li></ul></li><li><a href="?office=40#sector_services_team">USA</a><ul><li><a href="?office=16#sector_services_team">New York</a></li></ul></li></ul> </nav> </div> <a href="/people/?_sft_service=dcm" class="button_outline">View the whole team</a> </div> <div id="sector_services_team_scroller_margin_adjust"> <div id="sector_services_team_scroller"> <article><div class="sector_services_person"><a href="https://www.wfw.com/people/juan-vicente-barquilla/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Juan-Vicente-Barquilla-1.jpg" alt="Juan Vicente Barquilla"></a><h3><a href="https://www.wfw.com/people/juan-vicente-barquilla/">Juan Vicente<br>Barquilla</a></h3><p class="people_left_stats_job">Partner <span>Madrid</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/juan-vicente-barquilla/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/jim-bell/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Jim-Bell-1.jpg" alt="Jim Bell"></a><h3><a href="https://www.wfw.com/people/jim-bell/">Jim<br>Bell</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/jim-bell/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/rodrigo-berasategui/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2021/10/Rodrigo-Berasategui-1.jpg" alt="Rodrigo Berasategui"></a><h3><a href="https://www.wfw.com/people/rodrigo-berasategui/">Rodrigo<br>Berasategui</a></h3><p class="people_left_stats_job">Partner <span>Madrid</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/rodrigo-berasategui/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/randeep-bubbra/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2024/05/Randeep-Bubbra-1.jpg" alt="Randeep Bubbra"></a><h3><a href="https://www.wfw.com/people/randeep-bubbra/">Randeep<br>Bubbra</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/randeep-bubbra/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/daisy-east/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Daisy-East-1.jpg" alt="Daisy East"></a><h3><a href="https://www.wfw.com/people/daisy-east/">Daisy<br>East</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/daisy-east/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/steven-hollander/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Steven-Hollander-1.jpg" alt="Steven Hollander"></a><h3><a href="https://www.wfw.com/people/steven-hollander/">Steven<br>Hollander</a></h3><p class="people_left_stats_job">Partner <span>New York</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/steven-hollander/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/richard-hughes/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2020/07/Richard-Hughes-1.jpg" alt="Richard Hughes"></a><h3><a href="https://www.wfw.com/people/richard-hughes/">Richard<br>Hughes </a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/richard-hughes/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/simon-kavanagh/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2024/07/Simon-Kavanagh-1.jpg" alt="Simon Kavanagh"></a><h3><a href="https://www.wfw.com/people/simon-kavanagh/">Simon<br>Kavanagh</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/simon-kavanagh/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/lindsey-keeble/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2019/01/Lindsey-Keeble-1.jpg" alt="Lindsey Keeble"></a><h3><a href="https://www.wfw.com/people/lindsey-keeble/">Lindsey<br>Keeble</a></h3><p class="people_left_stats_job">Managing Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/lindsey-keeble/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/john-junghyun-kil/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/John-Junghyun-Kil-1.jpg" alt="John (Junghyun) Kil"></a><h3><a href="https://www.wfw.com/people/john-junghyun-kil/">John (Junghyun)<br>Kil</a></h3><p class="people_left_stats_job">Partner <span>Seoul</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/john-junghyun-kil/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/patrick-kirkby/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Patrick-Kirkby-1.jpg" alt="Patrick Kirkby"></a><h3><a href="https://www.wfw.com/people/patrick-kirkby/">Patrick<br>Kirkby</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/patrick-kirkby/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/nikolaos-kostikas/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2019/01/Nikolaos-Kostikas-1.jpg" alt="Nikolaos Kostikas"></a><h3><a href="https://www.wfw.com/people/nikolaos-kostikas/">Nikolaos<br>Kostikas</a></h3><p class="people_left_stats_job">Partner <span>Athens</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/nikolaos-kostikas/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/robert-kritzman/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/11/Robert-Kritzman-1.jpg" alt="Robert Kritzman"></a><h3><a href="https://www.wfw.com/people/robert-kritzman/">Robert<br>Kritzman</a></h3><p class="people_left_stats_job">Partner <span>New York</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/robert-kritzman/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/martin-lucas/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Martin-Lucas-1.jpg" alt="Martin Lucas"></a><h3><a href="https://www.wfw.com/people/martin-lucas/">Martin<br>Lucas</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/martin-lucas/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/rob-mcbride/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Rob-McBride-1.jpg" alt="Rob McBride"></a><h3><a href="https://www.wfw.com/people/rob-mcbride/">Rob<br>McBride</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/rob-mcbride/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/jan-mellmann/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Jan-Mellmann-1.jpg" alt="Jan Mellmann"></a><h3><a href="https://www.wfw.com/people/jan-mellmann/">Jan<br>Mellmann</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/jan-mellmann/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/chris-mitchell/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2021/05/Chris-Mitchell-1.jpg" alt="Chris Mitchell"></a><h3><a href="https://www.wfw.com/people/chris-mitchell/">Chris<br>Mitchell</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/chris-mitchell/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/patrick-moore/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2020/10/Patrick-Moore-1.jpg" alt="Patrick Moore"></a><h3><a href="https://www.wfw.com/people/patrick-moore/">Patrick<br>Moore</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/patrick-moore/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/virginia-louise-murray/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Virginia-Murray-1.jpg" alt="Virginia Murray"></a><h3><a href="https://www.wfw.com/people/virginia-louise-murray/">Virginia<br>Murray</a></h3><p class="people_left_stats_job">Partner <span>Athens</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/virginia-louise-murray/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/simon-ovenden/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Simon-Ovenden-1.jpg" alt="Simon Ovenden"></a><h3><a href="https://www.wfw.com/people/simon-ovenden/">Simon <br>Ovenden </a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/simon-ovenden/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/marinos-papadopoulos/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Marinos-Papadopoulos-1.jpg" alt="Marinos Papadopoulos"></a><h3><a href="https://www.wfw.com/people/marinos-papadopoulos/">Marinos<br>Papadopoulos</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/marinos-papadopoulos/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/stephen-parker/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Stephen-Parker-1.jpg" alt="Stephen Parker"></a><h3><a href="https://www.wfw.com/people/stephen-parker/">Stephen<br>Parker</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/stephen-parker/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/dominic-pearson/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2020/03/Dominic-Pearson-1.jpg" alt="Dominic Pearson"></a><h3><a href="https://www.wfw.com/people/dominic-pearson/">Dominic<br>Pearson</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/dominic-pearson/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/simon-petch/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Simon-Petch-1.jpg" alt="Simon Petch"></a><h3><a href="https://www.wfw.com/people/simon-petch/">Simon<br>Petch</a></h3><p class="people_left_stats_job">Partner <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/simon-petch/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/michael-savva/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Michael-Savva-1.jpg" alt="Michael Savva"></a><h3><a href="https://www.wfw.com/people/michael-savva/">Michael<br>Savva</a></h3><p class="people_left_stats_job">Partner <span>Dubai</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/michael-savva/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/filana-r-silberberg/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2022/11/Filana-Silberberg-1.jpg" alt="Filana R. Silberberg"></a><h3><a href="https://www.wfw.com/people/filana-r-silberberg/">Filana<br>Silberberg</a></h3><p class="people_left_stats_job">Partner <span>New York</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/filana-r-silberberg/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/charles-viggers/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Charles-Viggers.jpg" alt="Charles Viggers"></a><h3><a href="https://www.wfw.com/people/charles-viggers/">Charles<br>Viggers</a></h3><p class="people_left_stats_job">Partner <span>Singapore</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/charles-viggers/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/will-vogel/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Will-Vogel-1.jpg" alt="Will Vogel"></a><h3><a href="https://www.wfw.com/people/will-vogel/">Will<br>Vogel</a></h3><p class="people_left_stats_job">Partner <span>New York</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/will-vogel/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/todd-johnson/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Todd-E.-Johnson-1.jpg" alt="Todd E. Johnson"></a><h3><a href="https://www.wfw.com/people/todd-johnson/">Todd<br>Johnson</a></h3><p class="people_left_stats_job">Counsel <span>New York</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/todd-johnson/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/ariane-massonnaud/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2020/10/Ariane-Massonnaud-1.jpg" alt="Ariane Massonnaud"></a><h3><a href="https://www.wfw.com/people/ariane-massonnaud/">Ariane<br>Massonnaud</a></h3><p class="people_left_stats_job">Counsel <span>Paris</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/ariane-massonnaud/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/pierre-chipaux/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Pierre-Chipaux-1.jpg" alt="Pierre Chipaux"></a><h3><a href="https://www.wfw.com/people/pierre-chipaux/">Pierre<br>Chipaux</a></h3><p class="people_left_stats_job">Senior Associate <span>Paris</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/pierre-chipaux/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/jacobo-hermidas/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2021/10/Jacobo-Hermidas-Uzal-1.jpg" alt="Jacobo Hermidas"></a><h3><a href="https://www.wfw.com/people/jacobo-hermidas/">Jacobo<br>Hermidas</a></h3><p class="people_left_stats_job">Senior Associate <span>Madrid</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/jacobo-hermidas/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/charlotte-knight/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Charlotte-Knight-1.jpg" alt="Charlotte Knight"></a><h3><a href="https://www.wfw.com/people/charlotte-knight/">Charlotte<br>Knight</a></h3><p class="people_left_stats_job">Senior Associate <span>Dubai</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/charlotte-knight/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/john-man/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/John-Man-1.jpg" alt="John Man"></a><h3><a href="https://www.wfw.com/people/john-man/">John<br>Man</a></h3><p class="people_left_stats_job">Senior Associate <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/john-man/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/georgia-mathiopoulou/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2021/07/Georgia-Mathiopoulou-1.jpg" alt="Georgia Mathiopoulou"></a><h3><a href="https://www.wfw.com/people/georgia-mathiopoulou/">Georgia<br>Mathiopoulou</a></h3><p class="people_left_stats_job">Senior Associate <span>Athens</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/georgia-mathiopoulou/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/muteber-yalcin/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Muteber-Yalcin-1.jpg" alt="Muteber Yalcin LL.M."></a><h3><a href="https://www.wfw.com/people/muteber-yalcin/">Muteber <br>Yalcin LL.M.</a></h3><p class="people_left_stats_job">Managing Associate <span>Hamburg</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/muteber-yalcin/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/eleftheria-bitzaraki/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/11/Eleftheria-Bitzaraki-1.jpg" alt="Eleftheria Bitzaraki"></a><h3><a href="https://www.wfw.com/people/eleftheria-bitzaraki/">Eleftheria<br>Bitzaraki</a></h3><p class="people_left_stats_job">Associate <span>Athens</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/eleftheria-bitzaraki/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/cosmo-fisher/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2020/09/Cosmo-Fisher-1.jpg" alt="Cosmo Fisher"></a><h3><a href="https://www.wfw.com/people/cosmo-fisher/">Cosmo<br>Fisher</a></h3><p class="people_left_stats_job">Associate <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/cosmo-fisher/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/chris-madoc-jones/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Chris-Madoc-Jones-1.jpg" alt="Chris Madoc-Jones"></a><h3><a href="https://www.wfw.com/people/chris-madoc-jones/">Chris<br>Madoc-Jones</a></h3><p class="people_left_stats_job">Associate <span>London</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/chris-madoc-jones/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/cecilia-osorio/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2021/10/Cecilia-Osorio-1.jpg" alt="Cecilia Osorio"></a><h3><a href="https://www.wfw.com/people/cecilia-osorio/">Cecilia <br>Osorio</a></h3><p class="people_left_stats_job">Associate <span>Madrid</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/cecilia-osorio/" class="button_outline">View profile</a></p></div></article><article><div class="sector_services_person"><a href="https://www.wfw.com/people/daniele-sani/" class="post_contacts_list_img"><img src="https://www.wfw.com/wp-content/uploads/2023/04/Daniele-Sani-1.jpg" alt="Daniele Sani"></a><h3><a href="https://www.wfw.com/people/daniele-sani/">Daniele <br>Sani</a></h3><p class="people_left_stats_job">Associate <span>Milan</span></p><p class="people_left_stats_phone"><a href="https://www.wfw.com/people/daniele-sani/" class="button_outline">View profile</a></p></div></article> </div> </div> </div> </div> </div> <div id="sector_services_contact"> <div class="container clearfix"> <h2 class="h3_styler">Find out more</h2> <p><a href="/about-us/contact/" class="button_outline">Contact us</a></p> </div> </div> </div> </section> <footer role="contentinfo" id="site_footer"> <div class="container clearfix"> <ul class="social_list"><li class="social_list_linkedin"><a href="https://www.linkedin.com/company/watson-farley-&-williams/" target="_blank">LinkedIn</a></li><li class="social_list_twitter"><a href="https://twitter.com/WFW_LLP" target="_blank">X (Twitter)</a></li><li class="social_list_youtube"><a href="https://www.youtube.com/@WFW_LLP" target="_blank">YouTube</a></li><li class="social_list_wechat"><a href="https://www.wfw.com/wechat/" target="_blank">WeChat</a></li></ul> <nav role="navigation" id="footer_menu"> <ul id="menu-footer-menu" class="menu"><li id="menu-item-159" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-159"><a href="https://www.wfw.com/accessibility-compliance/">Accessibility / compliance</a></li> <li id="menu-item-160" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-160"><a href="https://www.wfw.com/privacy/">Privacy notice</a></li> <li id="menu-item-161" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-161"><a target="_blank" rel="noopener" href="https://subscribe.wfw.com/login/login.aspx">Email preference</a></li> <li id="menu-item-162" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-162"><a href="https://www.wfw.com/legal-and-regulatory/">Legal and regulatory</a></li> <li id="menu-item-163" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-163"><a href="https://www.wfw.com/slavery-and-human-trafficking/">Modern Slavery and Human Trafficking</a></li> <li id="menu-item-164" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-164"><a href="https://www.wfw.com/email-hoax/">Email hoax</a></li> <li id="menu-item-166" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-166"><a href="https://www.wfw.com/cookie-policy/">Cookie policy</a></li> </ul> </nav> <small>&copy; Watson Farley & Williams LLP 2024 <span>Registered office:<br> 15 Appold Street, London, EC2A 2HB, UK. This website constitutes attorney advertising.</span></small> </div> </footer> </div><div class="tjl-overflow-fix"> <div id="menu-main-reveal"> <div class="container clearfix" id="menu-main-reveal-left"> <div id="search_form_mobile"> <form name="search_form" role="search" method="get" class="search_form" action="/search/" autocomplete="off"> <input type="text" class="search_form_text" name="_sf_s" placeholder="Search" id="input_keyword" required> <input type="submit" value="Search" class="search_form_submit"> </form> </div> <div id="menu-main-reveal-left-primary"> <nav role="navigation"> <ul id="menu-main-menu-primary" class="menu"><li id="menu-item-39255" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39255"><a href="/people/">People</a></li> <li id="menu-item-39256" class="menu_open menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-39256"><a href="https://www.wfw.com/about-us/">About Us</a> <ul class="sub-menu"> <li id="menu-item-39314" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39314"><a href="https://www.wfw.com/about-us/">Overview</a></li> <li id="menu-item-39259" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39259"><a href="https://www.wfw.com/about-us/diversity-and-inclusion/">Diversity and Inclusion</a></li> <li id="menu-item-39257" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39257"><a href="https://www.wfw.com/about-us/sustainability/">Sustainability</a></li> </ul> </li> <li id="menu-item-39260" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39260"><a href="/locations/">Locations</a></li> <li id="menu-item-39261" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39261"><a href="/careers/">Careers</a></li> <li id="menu-item-39262" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39262"><a href="https://www.wfw.com/about-us/contact/">Contact Us</a></li> </ul> </nav> </div> <div id="menu-main-reveal-left-secondary"> <nav role="navigation"> <ul id="menu-main-menu-secondary" class="menu"><li id="menu-item-39242" class="menu_open menu-item menu-item-type-custom menu-item-object-custom menu-item-has-children menu-item-39242"><a>Featured</a> <ul class="sub-menu"> <li id="menu-item-39243" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39243"><a href="/gari">Global Aviation Resource Index (GARI)</a></li> <li id="menu-item-39244" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39244"><a href="/podcast/countdown-to-cop-financing-and-fuelling-the-future/">COP28 PODCAST SERIES</a></li> <li id="menu-item-39245" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39245"><a href="/reports/the-sustainability-imperative-part-2/">THE SUSTAINABILITY IMPERATIVE</a></li> </ul> </li> <li id="menu-item-39246" class="menu_open menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-39246"><a href="https://www.wfw.com/insights/">Insights</a> <ul class="sub-menu"> <li id="menu-item-39247" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-39247"><a href="https://www.wfw.com/insights/">All Insights</a></li> <li id="menu-item-39248" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39248"><a href="/insights/?_sft_category=articles">Articles</a></li> <li id="menu-item-39249" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39249"><a href="/insights/?_sft_category=awards">Awards</a></li> <li id="menu-item-39250" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39250"><a href="/insights/?_sft_category=events">Events</a></li> <li id="menu-item-39251" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39251"><a href="/insights/?_sft_category=infocus">Infocus</a></li> <li id="menu-item-39252" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39252"><a href="/insights/?_sft_category=podcast">Podcasts</a></li> <li id="menu-item-39253" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39253"><a href="/insights/?_sft_category=press">Press</a></li> <li id="menu-item-39254" class="menu-item menu-item-type-custom menu-item-object-custom menu-item-39254"><a href="/insights/?_sft_category=reports">Reports</a></li> </ul> </li> </ul> </nav> </div> <ul class="social_list"><li class="social_list_linkedin"><a href="https://www.linkedin.com/company/watson-farley-&-williams/" target="_blank">LinkedIn</a></li><li class="social_list_twitter"><a href="https://twitter.com/WFW_LLP" target="_blank">X (Twitter)</a></li><li class="social_list_youtube"><a href="https://www.youtube.com/@WFW_LLP" target="_blank">YouTube</a></li><li class="social_list_wechat"><a href="https://www.wfw.com/wechat/" target="_blank">WeChat</a></li></ul> </div> </div> <div id="menu-expertise-reveal"> <div class="container clearfix" id="menu-expertise-col-holder"> <div class="menu-expertise-col"> <h2>Sectors</h2> <nav role="navigation"> <ul class="menu-expertise-parent"> <li class="page_item page-item-785 page_item_has_children"><a href="https://www.wfw.com/sectors/energy/">Energy</a> <ul class='children'> <li class="page_item page-item-797"><a href="https://www.wfw.com/sectors/energy/mining-commodities/">Mining and Commodities</a></li> <li class="page_item page-item-833"><a href="https://www.wfw.com/sectors/energy/oil-and-gas/">Oil and Gas</a></li> <li class="page_item page-item-835"><a href="https://www.wfw.com/sectors/energy/power/">Power</a></li> </ul> </li> <li class="page_item page-item-3936"><a href="https://www.wfw.com/sectors/infrastructure/">Infrastructure</a></li> <li class="page_item page-item-783 page_item_has_children"><a href="https://www.wfw.com/sectors/transport/">Transport</a> <ul class='children'> <li class="page_item page-item-789 page_item_has_children"><a href="https://www.wfw.com/sectors/transport/aviation/">Aviation</a></li> <li class="page_item page-item-791 page_item_has_children"><a href="https://www.wfw.com/sectors/transport/maritime/">Maritime</a></li> <li class="page_item page-item-793"><a href="https://www.wfw.com/sectors/transport/rail/">Rail</a></li> </ul> </li> </ul> </nav> </div> <div class="menu-expertise-col"> <h2>Services</h2> <nav role="navigation"> <ul class="menu-expertise-parent"> <li class="page_item page-item-801 page_item_has_children current_page_ancestor current_page_parent"><a href="https://www.wfw.com/services/capital-markets/">Capital Markets</a> <ul class='children'> <li class="page_item page-item-3303"><a href="https://www.wfw.com/services/capital-markets/corporate-trust-agency/">Corporate Trust and Agency</a></li> <li class="page_item page-item-3305 current_page_item"><a href="https://www.wfw.com/services/capital-markets/debt-capital-markets/" aria-current="page">Debt Capital Markets</a></li> <li class="page_item page-item-35239"><a href="https://www.wfw.com/services/capital-markets/derivatives/">Derivatives</a></li> <li class="page_item page-item-3307"><a href="https://www.wfw.com/services/capital-markets/equity-capital-markets/">Equity Capital Markets</a></li> <li class="page_item page-item-3300"><a href="https://www.wfw.com/services/capital-markets/structured-finance/">Structured Finance</a></li> </ul> </li> <li class="page_item page-item-837 page_item_has_children"><a href="https://www.wfw.com/services/construction/">Construction</a> <ul class='children'> <li class="page_item page-item-3868"><a href="https://www.wfw.com/services/construction/planning/">Planning</a></li> </ul> </li> <li class="page_item page-item-1649 page_item_has_children"><a href="https://www.wfw.com/services/corporate/">Corporate and M&#038;A</a> <ul class='children'> <li class="page_item page-item-10800"><a href="https://www.wfw.com/services/corporate/corporate-and-acquisition-finance/">Corporate and Acquisition Finance</a></li> <li class="page_item page-item-3874"><a href="https://www.wfw.com/services/corporate/joint-ventures/">Joint ventures and strategic alliances</a></li> <li class="page_item page-item-3872"><a href="https://www.wfw.com/services/corporate/mergers-and-acquisitions/">Mergers and Acquisitions</a></li> </ul> </li> <li class="page_item page-item-839 page_item_has_children"><a href="https://www.wfw.com/services/dispute-resolution/">Dispute Resolution</a> <ul class='children'> <li class="page_item page-item-38113"><a href="https://www.wfw.com/services/dispute-resolution/aviation-dispute-resolution/">Aviation Dispute Resolution</a></li> <li class="page_item page-item-38454"><a href="https://www.wfw.com/services/dispute-resolution/energy-dispute-resolution/">Energy Dispute Resolution</a></li> <li class="page_item page-item-38127"><a href="https://www.wfw.com/services/dispute-resolution/infrastructure-dispute-resolution/">Infrastructure <br>Dispute Resolution</a></li> <li class="page_item page-item-38130"><a href="https://www.wfw.com/services/dispute-resolution/international-arbitration/">International <br>Arbitration</a></li> <li class="page_item page-item-38133"><a href="https://www.wfw.com/services/dispute-resolution/maritime-dispute-resolution/">Maritime Dispute Resolution</a></li> <li class="page_item page-item-38135 page_item_has_children"><a href="https://www.wfw.com/services/dispute-resolution/public-international-law/">Public International Law</a></li> </ul> </li> <li class="page_item page-item-841"><a href="https://www.wfw.com/services/employment/">Employment</a></li> <li class="page_item page-item-799 page_item_has_children"><a href="https://www.wfw.com/services/finance/">Finance</a> <ul class='children'> <li class="page_item page-item-2257"><a href="https://www.wfw.com/services/finance/asset-finance/">Asset Finance and Leasing</a></li> <li class="page_item page-item-2262"><a href="https://www.wfw.com/services/finance/eca-finance/">ECA Finance</a></li> <li class="page_item page-item-3311"><a href="https://www.wfw.com/services/finance/islamic-finance/">Islamic Finance</a></li> <li class="page_item page-item-3870"><a href="https://www.wfw.com/services/finance/project-finance/">Project Finance</a></li> <li class="page_item page-item-3290"><a href="https://www.wfw.com/services/finance/real-estate-finance/">Real Estate Finance</a></li> </ul> </li> <li class="page_item page-item-845"><a href="https://www.wfw.com/services/private-equity/">Private Equity</a></li> <li class="page_item page-item-3916"><a href="https://www.wfw.com/services/public-law/">Public Law</a></li> <li class="page_item page-item-787 page_item_has_children"><a href="https://www.wfw.com/services/real-estate/">Real Estate</a> <ul class='children'> <li class="page_item page-item-2965"><a href="https://www.wfw.com/services/real-estate/hotels-hospitality/">Hotels and Hospitality</a></li> <li class="page_item page-item-2957"><a href="https://www.wfw.com/services/real-estate/real-estate-disputes/">Real Estate Disputes</a></li> </ul> </li> <li class="page_item page-item-847 page_item_has_children"><a href="https://www.wfw.com/services/regulatory-competition/">Regulatory and Competition</a> <ul class='children'> <li class="page_item page-item-3926"><a href="https://www.wfw.com/services/regulatory-competition/environment-health-safety/">Environment, Health and Safety</a></li> <li class="page_item page-item-3912"><a href="https://www.wfw.com/services/regulatory-competition/eu-competition/">EU and Competition</a></li> <li class="page_item page-item-35242"><a href="https://www.wfw.com/services/regulatory-competition/financial-services-regulation/">Financial Services Regulation</a></li> <li class="page_item page-item-3914"><a href="https://www.wfw.com/services/regulatory-competition/regulatory/">Regulatory</a></li> </ul> </li> <li class="page_item page-item-3929"><a href="https://www.wfw.com/services/restructuring-insolvency/">Restructuring and Insolvency</a></li> <li class="page_item page-item-849"><a href="https://www.wfw.com/services/tax/">Tax</a></li> </ul> </nav> </div> </div> </div> </div> </div> <div class='asp_hidden_data' id="asp_hidden_data" style="display: none !important;"> <svg style="position:absolute" height="0" width="0"> <filter id="aspblur"> <feGaussianBlur in="SourceGraphic" stdDeviation="4"/> </filter> </svg> <svg style="position:absolute" height="0" width="0"> <filter id="no_aspblur"></filter> </svg> </div> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/dist/hooks.min.js?ver=2810c76e705dd1a53b18" id="wp-hooks-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-includes/js/dist/i18n.min.js?ver=5e580eb46a90c2b997e6" id="wp-i18n-js"></script> <script type="text/javascript" id="wp-i18n-js-after"> /* <![CDATA[ */ wp.i18n.setLocaleData( { 'text direction\u0004ltr': [ 'ltr' ] } ); /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/contact-form-7/includes/swv/js/index.js?ver=6.0" id="swv-js"></script> <script type="text/javascript" id="contact-form-7-js-before"> /* <![CDATA[ */ var wpcf7 = { "api": { "root": "https:\/\/www.wfw.com\/wp-json\/", "namespace": "contact-form-7\/v1" } }; /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/contact-form-7/includes/js/index.js?ver=6.0" id="contact-form-7-js"></script> <script type="text/javascript" id="wpcf7-redirect-script-js-extra"> /* <![CDATA[ */ var wpcf7r = {"ajax_url":"https:\/\/www.wfw.com\/wp-admin\/admin-ajax.php"}; /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/wpcf7-redirect/build/js/wpcf7r-fe.js?ver=1.1" id="wpcf7-redirect-script-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/modernizr.js?ver=2.6.2" id="tjldesigns-script-modernizr-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/jquery.sticky.js?ver=1.0.4" id="tjldesigns-script-jquery-ui-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/slick.min.js?ver=1.6.0" id="tjldesigns-script-slick-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/masonry.pkgd.min.js?ver=4.2.1" id="tjldesigns-script-masonry-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/jquery.waypoints.js?ver=1.0" id="tjldesigns-script-waypoint-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/jquery.counterup.min.js?ver=1.0" id="tjldesigns-script-counterup-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/aos.js?ver=1.0" id="tjldesigns-script-aos-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/themes/wfw/js/main.js?ver=1731359476" id="tjldesigns-script-main-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/easy-fancybox/vendor/purify.min.js?ver=1732676858" id="fancybox-purify-js"></script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/easy-fancybox/fancybox/1.5.4/jquery.fancybox.js?ver=1732676857" id="jquery-fancybox-js"></script> <script type="text/javascript" id="jquery-fancybox-js-after"> /* <![CDATA[ */ var fb_timeout, fb_opts={'autoScale':true,'showCloseButton':true,'margin':20,'pixelRatio':'false','padding':0,'centerOnScroll':false,'enableEscapeButton':true,'overlayShow':true,'hideOnOverlayClick':true,'overlayColor':'#182E44','overlayOpacity':0.9,'minVpHeight':320,'disableCoreLightbox':'true','enableBlockControls':'true','fancybox_openBlockControls':'true' }; if(typeof easy_fancybox_handler==='undefined'){ var easy_fancybox_handler=function(){ jQuery([".nolightbox","a.wp-block-file__button","a.pin-it-button","a[href*='pinterest.com\/pin\/create']","a[href*='facebook.com\/share']","a[href*='twitter.com\/share']"].join(',')).addClass('nofancybox'); jQuery('a.fancybox-close').on('click',function(e){e.preventDefault();jQuery.fancybox.close()}); /* IMG */ var unlinkedImageBlocks=jQuery(".wp-block-image > img:not(.nofancybox,figure.nofancybox>img)"); unlinkedImageBlocks.wrap(function() { var href = jQuery( this ).attr( "src" ); return "<a href='" + href + "'></a>"; }); var fb_IMG_select=jQuery('a[href*=".jpg" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".jpg" i]:not(.nofancybox),a[href*=".jpeg" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".jpeg" i]:not(.nofancybox),a[href*=".png" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".png" i]:not(.nofancybox),a[href*=".webp" i]:not(.nofancybox,li.nofancybox>a,figure.nofancybox>a),area[href*=".webp" i]:not(.nofancybox)'); fb_IMG_select.addClass('fancybox image'); var fb_IMG_sections=jQuery('.gallery,.wp-block-gallery,.tiled-gallery,.wp-block-jetpack-tiled-gallery,.ngg-galleryoverview,.ngg-imagebrowser,.nextgen_pro_blog_gallery,.nextgen_pro_film,.nextgen_pro_horizontal_filmstrip,.ngg-pro-masonry-wrapper,.ngg-pro-mosaic-container,.nextgen_pro_sidescroll,.nextgen_pro_slideshow,.nextgen_pro_thumbnail_grid,.tiled-gallery'); fb_IMG_sections.each(function(){jQuery(this).find(fb_IMG_select).attr('rel','gallery-'+fb_IMG_sections.index(this));}); jQuery('a.fancybox,area.fancybox,.fancybox>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'transition':'elastic','transitionIn':'elastic','easingIn':'easeOutBack','transitionOut':'elastic','easingOut':'easeInBack','opacity':false,'hideOnContentClick':false,'titleShow':false,'titlePosition':'over','titleFromAlt':false,'showNavArrows':false,'enableKeyboardNav':false,'cyclic':false,'mouseWheel':'false'}))}); /* Inline */ jQuery('a.fancybox-inline,area.fancybox-inline,.fancybox-inline>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'inline','autoDimensions':true,'scrolling':'no','easingIn':'easeOutBack','easingOut':'easeInBack','opacity':false,'hideOnContentClick':false,'titleShow':false}))}); /* YouTube */ jQuery('a[href*="youtu.be/" i],area[href*="youtu.be/" i],a[href*="youtube.com/" i],area[href*="youtube.com/" i]' ).filter(function(){return this.href.match(/\/(?:youtu\.be|watch\?|embed\/)/);}).not('.nofancybox,li.nofancybox>a').addClass('fancybox-youtube'); jQuery('a.fancybox-youtube,area.fancybox-youtube,.fancybox-youtube>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'iframe','width':1050,'height':599,'keepRatio':1,'aspectRatio':1,'titleShow':false,'titlePosition':'float','titleFromAlt':false,'onStart':function(a,i,o){var splitOn=a[i].href.indexOf("?");var urlParms=(splitOn>-1)?a[i].href.substring(splitOn):"";o.allowfullscreen=(urlParms.indexOf("fs=0")>-1)?false:true;o.href=a[i].href.replace(/https?:\/\/(?:www\.)?youtu(?:\.be\/([^\?]+)\??|be\.com\/watch\?(.*(?=v=))v=([^&]+))(.*)/gi,"https://www.youtube.com/embed/$1$3?$2$4&autoplay=1");}}))}); /* Vimeo */ jQuery('a[href*="vimeo.com/" i],area[href*="vimeo.com/" i]' ).filter(function(){return this.href.match(/\/(?:[0-9]+|video\/)/);}).not('.nofancybox,li.nofancybox>a').addClass('fancybox-vimeo'); jQuery('a.fancybox-vimeo,area.fancybox-vimeo,.fancybox-vimeo>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'iframe','width':1050,'height':599,'keepRatio':1,'aspectRatio':1,'titleShow':false,'titlePosition':'float','titleFromAlt':false,'onStart':function(a,i,o){var splitOn=a[i].href.indexOf("?");var urlParms=(splitOn>-1)?a[i].href.substring(splitOn):"";o.allowfullscreen=(urlParms.indexOf("fullscreen=0")>-1)?false:true;o.href=a[i].href.replace(/https?:\/\/(?:www\.)?vimeo\.com\/([0-9]+)\??(.*)/gi,"https://player.vimeo.com/video/$1?$2&autoplay=1");}}))}); };}; var easy_fancybox_auto=function(){setTimeout(function(){jQuery('a#fancybox-auto,#fancybox-auto>a').first().trigger('click')},1000);}; jQuery(easy_fancybox_handler);jQuery(document).on('post-load',easy_fancybox_handler); jQuery(easy_fancybox_auto); /* ]]> */ </script> <script type="text/javascript" src="https://www.wfw.com/wp-content/plugins/easy-fancybox/vendor/jquery.easing.js?ver=1.4.1" id="jquery-easing-js"></script> </body> </html>

Pages: 1 2 3 4 5 6 7 8 9 10