"They're excellent to deal with, collegiate in their approach and proactive" – Chambers & Partners
Osborne Clarke LLP's Debt Finance team is a well-established practice that has enjoyed remarkable growth and is now an 8-partner team. We have strong relationships with all the UK’s major clearing banks, several of the challenger banks and a growing list of credit funds and private equity sponsors.
We are fully integrated into OC's international network and frequently lead on multi-jurisdictional matters. The team's reputation is particularly strong in the firm's flagship sectors of technology, media and telecommunications; energy and energy transition; and life sciences and healthcare.
As part of our on-going growth strategy, we are looking for a Senior Associate to join our leveraged finance team in London. The team is one of the most active teams in the mid-market leveraged finance space and is looking to expand due to client demand
The practice
The team advises on wide range of financing options covering investment grade to highly leveraged products, including funds, venture and growth, projects and real estate financings.
This role will primarily be focussed on leveraged finance work, an area in which we have a growing profile and in which further strategic growth is being invested. The successful candidate will also expect to gain exposure to the Debt Finance team's other core offerings described above.
The team has nurtured relationships with a number of active financial institutions (including private credit funds) and intermediaries. Alongside this, we provide debt finance support to the firm's well-reputed mid-market private equity team in the context of leveraged and management buy-outs, refinancings and exits, as well as advising many corporates.
The team also has significant experience advising on financial restructurings alongside Osborne Clarke's specialist insolvency and restructuring team.
The Debt Finance team
The UK Debt Finance team, located across our London, Bristol and Thames Valley offices, currently consists of 8 Partners, 2 Legal Directors, 3 Associate Directors, 9 Senior Associates, 8 Associates and 5 Trainee Solicitors. This role will report to James Hunt (Partner). Ben Truman, based in London, leads the team.
The leveraged finance team has significant experience across a range of private equity debt financing transactions for both lender and private equity sponsor clients. We advise direct lenders, banks, private equity sponsors on senior debt facilities, second lien, unitranche facilities, TLB, first out/last out and super senior facilities.
Technical skills and experience
You will preferably have worked on UK and international leveraged finance matters within a stand-alone leveraged finance or banking team at a leading national or international firm.
The candidate will have excellent transaction management skills and so be capable of running or supervising this aspect of the deal, as required. The successful candidate will support the development of more junior team members.
The ideal candidate will also have attained a degree of proficiency in drafting and reviewing credit agreements, intercreditor/subordination agreements, security documentation and legal opinions, as well as bid commitment papers.
Due to the nature of the work and the structure of the team, we are looking to appoint a Senior Associate in this area, although we will consider candidates with more or less experience.
Your career development
Like all our lawyers, you will benefit from our multi-award winning career development programme. At each stage of your career this provides you with:
- clear expectations of your role and what it takes to progress;
- high quality clients and work, with early responsibility and client exposure;
- thorough assessment and individual feedback from a range of experienced colleagues;
- robust technical training with early skills based development, increasingly tailored to you; and
- reward for your contribution, progression and potential, rather than PQE or tenure.
Salary and benefits
We offer competitive salaries and generous benefits.
Our recruitment process
We welcome direct applications for our opportunities - if you would like any further information about this role or the firm, we would be delighted to hear from you. Please contact, in complete confidence, Angharad Jenkins on [email protected]
Please note we review and progress applications on a rolling basis. At Osborne Clarke we do not make any recruitment decisions using automated decision-making.
We are committed to providing an environment where you can perform to the best of your abilities at every stage of your recruitment experience and beyond. If you require any adjustments to be made during the application stage, interview process, or when working with us, please let us know in confidence.
