Latham & Watkins LLP

Banking & Finance Department

UK
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What the team is known for Highly sophisticated banking practice that is considered a first port of call by leading institutional lenders and sponsors for multi-jurisdictional transactions requiring the implementation of cutting-edge financial products. Additionally enjoys a strong reputation among borrower clients. Continues to represent debt funds on deals in the European leveraged finance market. Well equipped to advise on margin loan financings and bespoke finance solutions such as PIK loans, Term Loan B facilities and hybrid investments. Also has notable expertise handling public-to-private deals.

Strengths Interviewees report that the team is "highly responsive and meticulously attentive to detail in financing agreements."

One client says: "They are an incredibly strong firm on leveraged finance, they absolutely have the best overall offering with their bond team and on the loan side they are the best in the market."

Sources say: "They are a very strong firm across sectors and geographies," adding that "they are definitely one of the top financing firms and they manage to make it work acting for both sponsors and banks."

Work highlights Represented Nordic Capital, as sponsor’s counsel, on term loans and a revolving credit facility in connection with Nordic Capital's acquisition of Alloheim Group.

Notable practitioners

Dominic Newcomb is held in high regard for his expertise in advising sponsors. His practice spans both domestic and international financings and also advises borrowers.

London office managing partner Jayanthi Sadanandan is a "super experienced practitioner who is incredibly knowledgeable," according to clients. She is further noted for being "a tough negotiator who understands what her clients care about and need to care about." She represents sponsor, borrower and lender clients, with her work spanning both leveraged and investment-grade financings.

The "excellent" Mohamed Nurmohamed is noted for his adept handling of lender-side mandates and is frequently instructed by investment bank clients. Clients note: "He thinks things through and gives very thoughtful, good advice." He is co-chair of the firm's London finance practice.

Sam Hamilton co-chairs the firm's London finance department and is noted for his expertise in acting for sponsors on leveraged finance matters. Sources highlight his ability to "creatively find solutions," noting that "he is very commercial and he knows how to think like an investment guy."

Stephen Kensell remains a go-to for major banks and financial institutions on complex financings. One source notes: "I think he is the best bank-side counsel in the market: he is one of a few people that has the experience and gravitas to hold the ears of a diverse group of lenders and is always very rigorous."Clients say: "He is an incredibly good lawyer. He has stature, is calm and has seen everything. You never have to worry if anything has been missed."