‘When you start a new practice, there are a tremendous amount of variables,’ says Jake Keaveny, head of European capital markets at Proskauer. ‘You need to put together the right team, the right clients and a little bit of luck for everything to fit together and all the pieces to work.
When Keaveny joined the firm in September 2024 to launch the practice, Proskauer had never worked on a high yield deal in London. Little more than a year later, it had advised on ten, including recently advising the banks on Spanish engineering company Gestamp Aotomocion’s €500m notes offering, as well as advising the financing sources on Platinum Equity portfolio company Urbaser’s €2.7bn syndicated financing in July.
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