Milbank LLP

Capital Markets: Debt & Equity Department

London (Firms)
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What the team is known for Leading group that handles some of the largest and most complex deals in the European high-yield market. Its enviable client base includes global financial institutions as well as multinational corporates, and the team has demonstrated expertise when acting for both issuers and underwriters.

StrengthsClients say: "They manage to interpret the law in a way a layman can understand, rather than get lost in legalese."

Another adds: "They are very efficient and effective, ensuring smooth transaction execution in a tight timetable."

"They offer top client service and legal support, alongside a commercial mindset and problem-solving approach, that differentiates them from their competitors," according to interviewees.

Work highlights Advised the SAZKA Group on its acquisition of OPAP. The team advised on the financing aspects of the transaction.

Notable practitioners


Ana Grbec
comes highly recommended for high-yield work and regularly represents issuers on a mix of dollar and euro-dominated offerings.
"She is both knowledgeable and reasonable." "She is impressive, knowledgeable and commercial."


Apostolos Gkoutzinis
has a stellar reputation as one of the leading high-yield practitioners in London. He has a great deal of experience across a range of deal types and is well known for his expertise in the Greek market.
"He is one of the grands seigneurs of the European leveraged finance scene." "He has an exceptional work ethic." "He is exceptionally creative on bond transactions."


Randy Nahlé
is developing a significant high-yield practice through his standout work assisting corporate groups with bond issuances.


Rebecca Marques
advises issuers and underwriters on European high-yield mandates. Her practice is broad and includes work on a mixture of loans and bond offerings.
"She is highly responsive and very strong technically." "She understands the market very well."