David E. Howe

Recent examples of significant experience include advising:

• Recharge Industries, a portfolio company of Scale Facilitation, on its acquisition of Britishvolt Limited.
• GSK plc and its subsidiary GlaxoSmithKline Capital plc in connection with their November 2022 cash tender offer relating to five series of the group’s outstanding sterling denominated notes, and the subsequent issue by GSK Capital BV of €500 million 3 per cent. Notes due 2027 and €750 million 3.125 per cent. Notes due 2032 under the group’s £20 billion EMTN programme.
• Bank of Cyprus Holdings plc on its response to unsolicited takeover proposals submitted by an affiliate of a fund advised by Lone Star.
• GlaxoSmithKline plc and various of its subsidiaries in connection with a number of significant financing transactions in preparation for the proposed spin-off of GSK’s Consumer Healthcare business and listing of Haleon plc., including the establishment of , liquidity and working capital facilities, EMTN, ECP and USCP programmes and issues of various debt securities thereunder.
• Bank of Cyprus Group in connection with the group’s EMTN and Covered Bond programmes, additional Tier 1, Tier 2 and MREL eligible issuances and related liability management transactions.
• McDonald’s Corporation in connection with various issues of notes under its US$20 billion Global Medium term Note programme.
• Australia's Worley Group on the establishment of its US$2 billion EMTN programme, its debut issue of EUR 500 million five-year sustainability-linked bond and the establishment of its ECP programme for the purposes of accessing the Joint HM Treasury and Bank of England Covid Corporate Financing Facility.
• UBS AG and the other dealers under Westpac Banking Corporation’s US$70 billion EMTN programme and various issues of senior and subordinated notes thereunder.
• UBS AG and the other dealers under Westpac Securities NZ Limited and Westpac New Zealand Limited’s US$10 billion EMTN programme and various issues of notes thereunder.
• Citigroup Global Markets Singapore Pte Ltd., Goldman Sachs (Singapore) Pte. and Mizuho Securities (Singapore) Pte. Ltd. in their respective capacities as Arrangers in connection with the establishment by GLP Pte. Ltd. of its US$4 billion EMTN Programme, subsequent updates and issuances under the programme.
• Guangzhou R&F Properties Co. Ltd, a leading Chinese property developer in connection with multiple issues of senior secured notes by subsidiary Easy Tactic Limited.
•  Shimao Services Holdings Limited in connection with its July 2022 consent solicitations.
• CM Securities (Hongkong) Company Limited and Haitong International Securities Company Limited in their capacity as Arrangers in connection with the establishment by CMIG Capital Limited of its US$700 million EMTN program.
• Agile Group Holdings Limited in connection with its issue of US$500 million 6.875 per cent. Senior Perpetual Capital Securities.
• Kroll Agency and Trustee Services Limited and its affiliates in their various trustee and agency roles in connection with the restructuring by Jain International Trading B.V. (JITBV), a direct subsidiary of Indian listed multinational micro-irrigation, food processing and plastic products conglomerate Jain Irrigation Systems Limited, of its US$200 million 7.125% senior notes due 2022, involving an injection of US$30 million new money funding and an exchange of JITBV’s existing notes for three series of new notes, implemented by way of an English law scheme of arrangement under Part 26 of the UK Companies Act 2006.
• Kroll Trustee Services Limited and affiliates in connection with the restructuring of Croatia’s Agrokor d.d. and the subsequent issue by its successor, Fortenova group, of various stapled Convertible Bonds and Depositary Receipts and secured senior notes, including post closing matters relating to the application of US, UK and EU sanctions.
• Travelex on its financial and operational restructuring.
•  Membership Collective Group Inc., a London-based membership and hospitality company (and parent company of Soho House and related businesses), in connection with its initial public offering and listing on the New York Stock Exchange of thirty million shares of its common stock. The transaction included a novel simultaneous public offer to eligible members and employees in the United Kingdom.