Omer Harel
  1. Associate

Mr. Harel is an associate in Davis Polk’s US Tax Department, practicing in the London office. Mr. Harel frequently advises issuers and underwriters on the tax aspects of various securities offerings such as initial public offerings and other equity offerings, investment grade, high yield and convertible debt issuances, tender offers and exchange offers with a particular focus on the European and Asian markets. He frequently advises lenders and borrowers on the tax aspects of cross-border financing arrangements. Mr. Harel also advises on the tax aspects of cross-border mergers and acquisitions as well as private equity portfolio investments.

Work Highlights

Capital Markets
  • Banco Santander on the U.S. tax aspects of its €7.07 billion SEC-registered rights offering
  • Initial purchasers on the U.S. tax aspects of:
    • BeiGene’s HK$7.08 billion public offering of ordinary shares on the Hong Kong Stock Exchange and Nasdaq
    • An aggregate $650 million Rule 144A convertible notes offering by Momo
    • An aggregate $750 million Rule 144A senior notes offering by Yum! Brands
  • Nippon Life Insurance on the U.S. tax aspects of its $800 million step-up callable subordinated Rule 144A notes offering
  • Postal Savings Bank of China on the U.S. tax aspects of its $8 billion IPO on the Hong Kong Stock Exchange and Rule 144A offering
  • Sumitomo Mitsui Financial Group on the U.S. tax aspects of its aggregate $2.5 billion SEC-registered offering of fixed and floating senior TLAC notes
  • Tencent Music Entertainment Group on the U.S. tax aspects of its approximately $1.1 billion SEC-registered IPO
  • Underwriters on the U.S. tax aspects of an aggregate $3.5 billion SEC-registered notes offering by British American Tobacco
Finance
  • Delek Drilling Exploration and Avner Oil Exploration on the tax aspects of their $300 million asset-backed revolving credit facility for the financing of project Tamar
  • eDreams Odigeo on the tax aspects of its €582 million super-senior secured credit facility
  • Joint lead arrangers and joint bookrunners on the U.S. tax aspects of the $725 million acquisition financing for Roark Capital’s acquisition of International Car Wash
  • Joint lead arrangers, joint bookrunners and administrative agent on the tax aspects of Yum! Brands $1.5 billion senior secured refinancing facilities
M&A 
  • Grupo Financiero Santander México and its principal subsidiary Banco Santander (México), Institución de Banca Múltiple, Grupo Financiero Santander México on the U.S. tax aspects of their parent-subsidiary merger
  • Heineken on the tax aspects of a joint venture with China Resources
  • Tencent on the tax aspects of its strategic investment in JD.com

Professional History

  • Davis Polk since 2011
  • S. Horowitz (Israel), 2009-2010

Practice Focus

Bar Admissions

  • State of New York
  • Israel Bar

Education

  • LL.B., Tel Aviv University, The Buchmann Faculty of Law, 2009
    • magna cum laude
    • Dean's List
  • LL.M., International Tax, University of Michigan Law School, 2011
    • Certificate of Merit Award, Corporate Taxation
    • Certificate of Merit Award, Partnership Taxation
    • Excellence in Taxation Award, Michigan State Bar

Languages

  • Hebrew