USA Trends and Developments
Trends and Developments Contributed by: Stelios Saffos, Dan Seale, Peter Sluka and Alfred Xue Latham & Watkins Latham & Watkins is ranked in Band 1 in the USA by Chambers and Partners and advises sophisticated global direct lenders and pri - vate capital providers on hundreds of front- end transactions each year, including first and second lien, unitranche and mezzanine loans, and preferred equity and other junior capital. It advises across a range of deal sizes stretching from the middle market through the largest and most complicated unitranche transactions with deal sizes in excess of USD1 billion. It regularly designs and implements multi-tiered capital
structures for clients and handles subordina - tion, security, and intercreditor issues, as well as restructurings, equity co-investments and tax and regulatory matters. Its direct lending and private debt practice draws on a long his - tory of innovation and experience. With more than 150 lawyers nationwide, it advises the most active lenders, funds, credit platforms and investment managers as well as borrowers, in the full range of transactions, from the middle market to large-cap.
Authors
Stelios Saffos is vice chair of Latham & Watkins’ global capital markets practice and global chair of the hybrid capital markets practice. He advises sponsors, issuers, direct lenders
Dan Seale is the global chair of Latham & Watkins’ banking practice, where he oversees the
strategic development and vision of the practice. He specialises in representing private credit funds and financial institutions in leveraged finance transactions, with a particular emphasis on acquisition financings. With decades of experience advising on large-cap syndicated loans, middle market loans and direct loans, he has extensive knowledge of the global finance market and its key participants. He is ranked by Chambers and Partners in Band 1 for private credit and he is a leader in the direct lending sector.
and underwriters on investments and financings. His extensive experience spans senior and junior lending, IPOs and high-yield bonds. He advises on more than 485 lending and private credit deals, more than 185 high- yield offerings and more than 220 IPO and other equity offerings. He guides the firm’s global hybrid capital team, advising on market- leading hybrid deals to fill gaps in capital structures between senior debt and control equity, and to finance acquisitions and growth. He is ranked by Chambers and Partners in Band 1 for private credit and is also ranked in the banking and finance and capital markets: debt and equity categories.
348 CHAMBERS.COM
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