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01 May 2026Publication
Structured products bulletin
We are pleased to set out our first quarter of 2026 update covering legal and regulatory developments affecting structured products below.
We have a significant partner presence from across our globe who come together to deliver high end transactional advice.
We advise issuers, investment banks and institutional investors on multiple financings including: convertible and exchangeable bonds; ECP programmes; EMTN programmes; Islamic financing (including Sukuk); liability management and bond restructurings; regulatory capital and corporate hybrids; and straight debt.
We pride ourselves on providing outstanding service with full partner involvement and a focus on timely delivery and value for money.
Our experience
Retail Bonds and Other Debt
Advising the lead managers on Hitachi Capital’s CNY 184m Formosa Notes and CNH 500m Dim Sum bonds, Iron Mountain Europe plc on its £400m Guaranteed Senior Notes and the lead manager and sole bookrunner on Acciona S.A.’s issue of €62.7m Senior Unsecured Notes.
Liability Management
Advising DONG Energy A/S on a tender offer and exchange offer in respect of its €700m Callable Subordinated Capital Securities, New South Wales Treasury Corporation on a tender offer in respect of its £250m Sterling Notes and Pearson Plc on a tender offer in respect of US$1bn of US dollar Notes.
Convertible and Exchangeable Bonds
Advising the bookrunners on Swiss Re’s $500m (USD) issue of Equity-Neutral Exchangeable Bonds with issuer stock settlement, J Sainsbury plc’s £450m issue of Convertible Bonds and Hurricane Energy plc’s US$230m issue of Convertible Bonds.
Key contacts
If you have any questions, contact a member of the Debt Capital Markets team for assistance:
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