Latham & Watkins LLP

Banking & Finance Department

France
Current View:

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What the team is known for Highly proficient across the banking and finance spectrum with remarkable strength in leveraged finance and acquisition finance matters, offering further expertise in bonds and debt refinancings. Represents different types of lenders, including banks, private equity sponsors and alternative debt providers. Clients benefit from the team's co-operation with the firm's corporate and tax departments. Strong capacity to cover matters involving multiple jurisdictions.

Strengths Impressed clients attest: "They are number one for banking and finance in France and also have a smooth relationship with the other European offices."

Another source confirms: "I consider them as one of the best firms in leveraged finance," going on to praise the team's "strong market insight" and "deal-oriented mindset."

Work highlights Acted for Deutsche Bank and Goldman Sachs on the EUR6.1 billion term loan bridge facility financing the Unibail-Rodamco's acquisition of Westfield.

Notable practitioners

"Rising star" Lionel Dechmann frequently assists lenders with an array of acquisition finance and debt refinancing matters within the media, telecommunications and pharmaceutical industries.

According to interviewees, Michel Houdayer stands out for his experience in the French banking and finance area. He is particularly active on high-value acquisition finance mandates, offering further refinancing advice. His impressive client roster consists of large multinational banks and private equity companies.

Xavier Farde represents high-profile French and international banks as well as financial institutions in mandates spanning the pharmaceutical, technology and telecommunications sectors. Sources speak highly of him, with one stating: "He is an incredible technician with incredible negotiation skills. He is the reference when it comes to large-cap acquisition finance."