David E. Howe

Further examples of significant experience include advising:

• Banca IMI S.p.A., Mediobanca and UniCredit Bank AG as dealer managers in connection with the February 2015 cash tender offers by Atlantia S.p.A. in relation to its outstanding €1.5 billion 5.625% Notes Due 2016, €1 billion 3.375% Notes Due 2017 and €1 billion 4.500% Notes Due 2019, all guaranteed by Autostrade per l’Italia S.p.A.
• Barclays Bank PLC and Société Générale as consent solicitation agents in connection with the August 2015 consent solicitations by Pirelli & C. S.p.A in relation to its €500 million 5.125% Guaranteed Notes Due 2016 guaranteed by Pirelli Tyre S.p.A and by Pirelli International plc in relation to its €600 million 1.750% Guaranteed Notes Due 2019 guaranteed by Pirelli Tyre S.p.A.
• Advising a leading European investment bank in its capacity as consent solicitation agent in connection with the June 2015 consent solicitations by Novo Banco S.A. in relation to various series of senior debt and exchangeable securities issued by BES Finance Limited.
• Credit Suisse Securities (Europe) Limited and Commonwealth Bank of Australia as consent solicitation agents in connection with the September 2015 consent solicitations by Commonwealth Bank of Australia in connection with various series of outstanding Covered Bonds issued under its Covered Bond program.
• Altus Capital Pte Ltd, a wholly owned subsidiary of PT Chandra Asri Petrochemical Tbk, in connection with its offer to purchase for cash any and all of its outstanding 12.875% Senior Secured Guaranteed Notes Due 2015 and solicitation of consents for the amendment of the terms and conditions of such Notes.
• Aeroporti di Roma S.p.A. in connection with the restructuring of its 2001 securitization transaction relating to Rome airport.
• Barclays Capital in connection with the restructuring of Cairn High Grade Funding I Limited’s SIV-Lite structure (Restructuring Deal of the Year, Risk Magazine 2007). 
• Goldman Sachs International, HSBC Bank plc, National Australia Bank and Morgan Stanley International as underwriters of QBE Insurance Group Limited’s December 2014 offering of US$700 million Tier 2 Subordinated Notes Due 2044 which qualify as Tier 2 capital for regulatory purposes under the rules of the Australian Prudential Regulatory Authority (APRA).
• Barclays Capital and J.P. Morgan as arrangers in connection with the issue by QBE Insurance Group Limited of £325 million and US$1 billion Fixed Rate Reset Guaranteed Exchangeable Subordinated Callable Notes Due 2041.
• The Olayan Group in connection with its forward purchase of Credit Suisse AG’s ground-breaking issue of US$6.2 billion Tier 1 buffer capital notes in 2011, the first true “contingent convertible” securities to be issued under the Basel III regime.
• J.P. Morgan, Merrill Lynch and Oversea-Chinese Banking Corporation (OCBC) in a complex transaction that resulted in the establishment of a 144A-eligible US$10 billion Global Medium Term Notes program and the issue of US$1 billion 3.15% Subordinated Notes Due 2023 under the program by OCBC. The deal was named ‘‘Debt Market Deal of the Year” by Asian Legal Business.
• Agile Property Holdings Limited, a leading Chinese property developer, on its January 2013 issue of US$700 million Subordinated Perpetual Capital Securities.
• Wilmington Trust (London) Limited in its capacity as bond trustee in connection with the issue of circa €62 billion of new bonds issued as part of The Hellenic Republic’s February 2012 sovereign debt restructuring (The American Lawyer’s ‘‘2013 Global Finance Deal of the Year: Public Restructuring” and ‘‘2013 Global Finance Deal of the Year” and IFLR’s ‘‘Debt and Equity-linked Deal of the Year 2013”).
• Law Debenture Trustees Limited as indenture trustee in connection with Italian media company SEAT Pagine Gialle S.p.A.’s 2012 debt restructuring and subsequent default (IFLR’s ‘‘Restructuring Deal of the Year 2013”).
• DBS Bank Limited and Oversea-Chinese Banking Corporation Limited as joint lead managers in connection with Indonesian telecoms company PT Professional Telekomunikasi Indonesia’s December 2014 issue of US$180 million 3.25% Senior Unsecured Guaranteed Bonds Due 2024, guaranteed by Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank.
• J.P. Morgan, Bank of America Merrill Lynch, Oversea-Chinese Banking Corporation Limited and HSBC as managers of Oversea-Chinese Banking Corporation Limited’s April 2014 issue of US$1 billion 4% Subordinated Notes Due 2024.