Jack Kelly
  1. Associate

Mr. Kelly is an associate in Davis Polk's Corporate Department, practicing in the London office. He advises corporate and investment banking clients on securities offerings and public listings, mergers and acquisitions and corporate finance transactions generally. Mr. Kelly also provides advice on corporate governance matters and securities law and regulation.

 

Work Highlights

Recent transactions have included advising:

IPOS AND OTHER EQUITY OFFERINGS
  • Charles Taylor on its £17.6 million placing in connection with the acquisition of Inworx
  • The underwriters in connection with:
    • the IPO and London premium listing of Charter Court Financial Services Group
    • the recapitalisation of National Bank of Greece, which comprised a concurrent rights issue and private placement of equity securities and a debt-for-equity exchange offer
    • PDC Energy, Inc.’s SEC-registered offering of approximately $558.7 million worth of common stock
M&A
  • Technip on its $17 billion merger with FMC Technologies
  • Natura on its €1 billion acquisition of The Body Shop from L'Oréal
  • TeliaSonera on the $1.03 billion sale of its holding in Nepalese telecom operator Ncell to Axiata
HIGH-YIELD, INVESTMENT-GRADE AND CONVERTIBLE DEBT
  • BMW US Capital in connection with the issue of $4 billion aggregate principal amount of notes
  • The initial purchasers in connection with the issue of:
    • $500 million aggregate principal amount of notes by the Hashemite Kingdom of Jordan
    • $1.5 billion undated deeply subordinated resettable interest rate notes by Société Générale
    • €200 million aggregate principal amount of notes by Eastman Chemical Company
    • $700 million aggregate principal amount of senior secured notes by Hexion
    • $1.4 billion aggregate principal amount of notes by Bombardier
    • $200 million aggregate principal amount of convertible senior notes and $400 million aggregate principal amount of senior notes by PDC Energy
LIABILITY MANAGEMENT TRANSACTIONS
  • The dealer managers in connection with:
    • GE’s $36 billion exchange offer (the largest debt exchange offer in history)
    • National Bank of Greece’s debt-for-equity exchange offer
    • Gold Fields’s $200 million cash tender offer
    • a cash tender offer by Rio Tinto Finance to purchase certain of its euro-denominated debt securities
    • UBS AG’s CHF, EUR and USD cash tender offers
    • Eastman Chemical Company’s $400 million cash tender offer

Professional History

  • Davis Polk since 2015

Practice Focus

Bar Admissions

  • England and Wales

Education

  • BCL, UCD Sutherland School of Law, 2014