Trevor Ingram is the EMEA Capital Markets Team Leader.

He focuses on U.S. federal securities laws, high yield debt offerings and other international capital markets transactions. Trevor advises clients in a wide range of industries including manufacturing, mining, engineering, telecommunications, cable television, retail and financial services.

Trevor has represented both issuers and underwriters in offerings of securities into the United States and internationally, including U.S. registered public offerings and Rule 144A and Regulation S placements of high yield debt and investment grade debt, project bonds, initial public offerings and international rights offerings, as well as on restructuring transactions, tender offers and liability management transactions.

Trevor has advised in multiple jurisdictions across the EMEA region, including in particular in South Africa, the Middle East and France.

High Yield

• Ardagh in connection with multiple offerings including:
  • $2.8 billion offering of multi-currency high yield green bond offering and committed financing arrangements in connection with their business combination with a special purpose acquisition company affiliated with the Gores Group. This offering is the largest offering of Green Bonds ever completed;
  • consent solicitation for its 4.750% Senior Notes due 2027;
  • €790 million 2.125% senior secured notes due 2026;
  • $715 million tap issuance of the 4.125% senior secured notes due 2026;
  • $1 billion 5.250% senior notes due 2027, its tender offer for up to $900 million of its existing 6.000% senior notes due 2025 and its consent solicitation for certain amendments to the indenture governing the 6.000% senior notes due 2025;
  • $200 million tap issuance of 5.250% senior secured notes due 2025;
  • $500 million 5.250% senior secured notes due 2025;
  • ARD Finance S.A.'s $2.2 billion notes offering; and
  • $1.8 billion notes offering.
• J.P. Morgan in connection with Radisson’s €250 million notes offering and entry into a €20 million revolving credit facility.
• The underwriters in connection with Swissport’s consent solicitation and exchange offer and on amendment and restatement of €660 million term Loan B facility.
• The initial purchasers in connection with Sibanye Gold's $1.05 billion bond offering. When issued, this was the largest ever South African corporate bond debut, as well as the largest ever private-sector corporate bond debut in Africa.
• Trivium Packaging in connection with its offering of $2.85 billion of senior secured and senior notes.
• The initial purchasers in connection with multiple offerings for CMA CGM including:
  • €250 million senior notes offering;
  • €500 million senior notes offering; and
  • €650 million senior notes offering.
• The initial purchasers in connection with multiple offerings for Travelodge including:
  • £65 million private placement of 9% senior secured notes due 2025;
  • £440 million senior secured floating rate notes;
  • £165 million offering of its senior secured floating-rate notes due 2023 issued by TVL Finance, an affiliate of Travelodge Hotels; and
  • inaugural £390 million high yield bond offering.
• The underwriters in connection with the offering of senior secured notes by Snai S.p.A.
• Silversea Cruise Holding Ltd. in connection with its inaugural offering of $550 million aggregate principal amount of senior secured notes by its wholly owned subsidiary Silversea Cruise Finance Ltd. and advised on the tap issuance of $70 million senior secured notes by its wholly owned subsidiary Silversea Cruise Finance Ltd.
• Greenko Group plc and Greenko Dutch B.V. in connection with the offering of US$550 million senior notes offering by Greenko Dutch B.V.
• Barclays Bank PLC in connection with a Rule 144A/Reg. S international offering of fixed rate high yield guaranteed senior notes by Golden Legacy Pte. Ltd., a wholly owned subsidiary of the Sritec group

Investment Grade / Debt Capital Markets

• Sasol Limited in connection with multiple offerings including:
  • $1.5 billion 5.875% notes due 2024 and US$750 million 6.500% notes due 2028;
  • $650 million 4.375% notes due 2026 and $850 million 5.500% notes due 2031; and
  • $1.5 billion notes offering and US$750 million notes offering issued by its indirect wholly owned subsidiary Sasol Financing USA LLC and guaranteed by Sasol Limited.
• The underwriters in connection with Emirates Sembcorp Water & Power Company’s offering of $400 million 4.450% senior secured bonds due 2035.
• The initial purchasers in connection with Abu Dhabi Crude Oil Pipeline LLC's Inaugural $3.037 billion bond offering. 'Quasi-Sovereign & Government-Related Entity Debt Deal of the Year' at the Bonds, Loans & Sukuk Middle East Awards 2018.
• STMicroelectronics in connection with its $1.5 billion offering of senior unsecured bonds convertible into ordinary shares of STMicroelectronics, the early redemption of its outstanding $600 million zero coupon convertible bonds due 2019 and the launch of a share buy-back program.
• The initial purchasers in connection with the Rule 144A/Reg. S offering of investment grade senior notes by PT Perusahaan Gas Negara (Persero) Tbk.
• Global Logistic Properties Limited in connection with a Reg. S international offering of investment grade, medium-term notes under its Euro Medium Term Note program.

Equity Capital Markets

• The underwriters in connection with the $1 billion rights offering by Sibanye Gold Limited. This is the third-largest rights issue ever by a South African company and the largest ever acquisition-related capital raise in South Africa.
• The underwriters in connection with the Reg. S non-US initial public offering of ordinary shares by Bangkok Airways Public Company Limited.
• The joint bookrunners and managers in connection with a Rule 144A/Reg. S offering of ordinary shares, concurrent with a public offering in Singapore, of Linc Energy.
• Sasol Limited in connection with its proposed $2 billion rights offering.

Awards & Accolades

• Trevor is ranked in Band 4 for Capital Markets: High-Yield Products for Chambers UK 2023. They note that “Trevor is our key player on bonds and capital markets work generally. He works really well with his clients, has deep expertise and is very knowledgeable.”
• Trevor is part of the team that is ranked Tier 2 for Debt Capital Markets in Legal 500 UK 2023, they note that Trevor is “an extremely experienced debt capital markets team. Trevor Ingram stands out.” Trevor is also recognised as a “Key Lawyer” for High Yield, they note that Trevor is a “Standout Partner.”
• Trevor led the team advising initial purchasers on Abu Dhabi Crude Oil Pipeline LLC’s inaugural $3.037 billion bond offering which won 'Quasi-Sovereign & Government-Related Entity Debt Deal of the Year' at the Bonds, Loans & Sukuk Middle East Awards 2018.
• Trevor is part of the team that is ranked Tier 2 for Capital Markets High Yield by Legal 500 UK 2020.