Vinson & Elkins Bolsters Global Leveraged Finance Practice with Addition of Noel Hughes in London
Vinson & Elkins announced today the addition of internationally recognized capital markets partner Noel Hughes to its global Leveraged Finance practice, enhancing the firm’s capabilities in cross-border leveraged finance and high-yield debt offerings.
previously with Sidley Austin, will reside in V&E’s London office.
are excited to welcome Noel to the firm,” said V&E chairman Mark
“He will bring significant experience and knowledge to our clients across the
globe as we continue to strengthen our global leveraged finance practice.
practice focuses on international capital markets and cross-border leveraged
finance transactions, with a particular focus on high-yield bond financings. He
advises issuer and underwriter clients, as well as alternative capital
investors on a broad range of transactions, including high-yield debt
offerings, debt liability management transactions and U.S. securities law matters.
it is expected that Hughes will concentrate on transactions sourced from the
London office, it is also anticipated that he will support the continuing
growth of the firm’s High-Yield Offerings practice in the U.S., which is
consistently highly ranked for both issuer and underwriter representation
across all industries.
was attracted to V&E because of its robust capital markets and finance
practices, its global footprint and obvious dedication to growing its corporate
presence in London,” Hughes said. “The synergy between my practice and many of
the firm’s clients makes this a great place to begin this new chapter of my
has been recognized as a leading lawyer by Chambers UK (2015-2018), with
clients noting in the most recent edition that he can “bring the business
context to negotiations” and complimenting him for being “very analytical and
always on top of things.”
has earned an excellent reputation in London and beyond as a top caliber
high-yield practitioner and his energy and enthusiasm for building the practice
really made him stand out to us,” said Jeff
Eldredge, Co-Head of the firm's Corporate Department. “As we
strategically expand our London corporate group, we are focused on bringing in
lawyers like Noel, who bring experience and insight that will benefit our
clients across the world.”
V&E’s internationally recognized Leveraged
Finance team has represented borrowers, lenders, issuers and underwriters since
the inception of the market. With approximately 275 high-yield debt offerings
(with a total transactional value of approximately $129 billion) completed
since the beginning of 2011, the firm’s global High-Yield Offerings practice combines
a historical understanding of the market with valuable insight into current
market and industry trends gained through constant exposure to deal flow. In
2017, V&E ranked 3rd in the U.S. market for high-yield issuer’s counsel and
5th on the underwriter side, according to The Prospect News.