Debt Finance Associate
We carry out the full range of debt finance work. This covers working on bilateral and syndicated loan agreements, secured or unsecured, investment grade LMA or leveraged finance LMA. Size does vary from deal to deal, from £5million loans for some smaller corporate clients up to (and beyond) a recent corporate borrower raising EUR250 million syndicated facilities from a 7 bank lending club and 10 overseas jurisdictions.
The transactions themselves can be corporate mergers & acquisitions, leveraged finance/private equity buy-outs or straightforward refinancings. Our practice has seen significant growth in advising private credit funds over the last 2 years and we have a market-leading position in this sector in the NW.
In addition, to debt finance we also transact real estate finance and asset based lending (invoice discounting etc.). One of the NW-based partners plays a leading role in the national ABL team at DLA Piper.
We would expect the successful candidate to demonstrate skills and experience in all of the above and to participate in all aspects of the team’s work.
MAIN DUTIES AND RESPONSIBILITIES
Our clients break down into 4 main categories:
- corporate clients
- private equity houses/financial sponsors
- lenders (including all major banks and, increasingly, alternative debt funds);
- international firm client referrals (last year we worked with Frankfurt and Paris, NYC and most recently Baltimore on English financing requirements for their clients.)
We generate most of our own work in the North West, but we do work on a national basis so, as and when necessary, we collaborate with the Leeds, Birmingham and London teams.
The DLA Piper platform genuinely offers an unparalleled opportunity to access work with an international aspect in the North West.
SKILLS AND ATTRIBUTES
At c.3-5 PQE, we would anticipate the role would consist of a mixture of:
- Supervising and mentoring junior associates on CP and ancillary documentation
- Preparing and negotiating intercreditor/subordination arrangements
- Preparing and negotiating facility agreements - syndicated and bilateral
- Demonstrating lead lawyer capabilities
DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific. Our global reach ensures that we can help businesses with their legal needs anywhere in the world.
We strive to be the leading global business law firm by delivering quality, service excellence and value to our clients and offering practical and innovative legal solutions to help them succeed. Our clients range from multinational, Global 1000, and Fortune 500 enterprises to emerging companies developing industry-leading technologies, as well as government and public sector bodies.
At DLA Piper we are firmly committed to diversity and inclusion. For us, diversity isn't just about visible differences, it's the unique blend of talents, skills, experiences and perspectives that makes each of us an individual and we know it's crucial to have a culture and environment where those differences are genuinely valued.
We offer exceptional career opportunities to our lawyers, aspiring graduates, and business services professionals in a truly challenging and rewarding environment.