Nick Quarrie focuses his practice on cross-border corporate finance matters, across a number of sectors and jurisdictions. Mr. Quarrie handles a range of capital markets transactions, representing issuers, lead managers and other transaction participants. He has extensive experience advising both issuers and underwriters in connection with listings on exchanges, including the London, Irish and Luxembourg stock exchanges.  

Prior to joining Dechert, Mr. Quarrie served as senior European counsel in a full-service investment bank, where he advised on a broad range of corporate finance mandates and capital markets transactions.

  • Debt Capital Markets

    • Sultanate of Oman in connection with its invitation to holders of eight series of its Notes to tender such Notes for purchase for cash.
    • The Hashemite Kingdom of Jordan in connection with the establishment of the Kingdom’s Global Medium Term Note Programme and the issuance of U.S.$650 million of notes thereunder.
    • JSC Development Bank of Kazakhstan in connection with the update of its US$3,000,000,000 Medium Term Note Programme and issuance thereunder of its: (i) KZT 100,000,000,000 10.95% Notes due 2026; and (ii) US$500,000,000 2.95% Notes due 2031.
    • Advising the Sultanate of Oman and Oman Sovereign Sukuk SAOC on the update of its Trust Certificate Programme and the issuance of US$1.75 billion Trust Certificates due 2030 thereunder.
    • Advising the Arab Republic of Egypt in connection with the issuance of its US$3.75 billion triple tranche Eurobond comprising its US$750, million 3.875% Notes due 2026, US$1.5 billion 5.875% Notes due 2031 and US$1.5 billion 7.500% Notes due 2061 issued under its GMTN Programme.
    • Advising the Sultanate of Oman (acting through the Ministry of Finance) on the issuance of its: (i) US$500,000,000 4.875% Notes due 2025 (to be consolidated and form a single series with the existing US$750,000,000 4.875% Notes due 2025 issued on 1 August 2019); (ii) US$1,750,000,000 6.250% Notes due 2031; and (iii) US$1,000,000,000 7.000% Notes due 2051.
    • Advising the joint lead managers on the Kingdom of Morocco's issuance of its US$750,000,000 2.375% Notes due 2027, US$1,000,000,000 3.000% Notes due 2032, and US$1,250,000,000 4.000% Notes due 2050.
    • Advising the Sultanate of Oman in connection with the tap offering of its: (i) US$200,000,000 6.750% Notes due 2027; and (ii) US$300,000,000 7.375% Notes due 2032, under its Global Medium-Term Note programme established in October 2020.
    • Advising the Sultanate of Oman on the issuance of its US$1.250 billion 6.750% Notes due 2027 and US$750 million 7.375% Notes due 2032.
    • Advising the joint lead managers on the Kingdom of Morocco's issuance of its €500 million 1.375% Notes due 2026 and €500 million 2.000% Notes due 2030.
    • Arab Republic of Egypt in connection with its debut Green Bond issuance consisting of US$750 million 5.250% Green Bond Notes due 2025.
    • Manila Water Company, Inc. in connection with the issuance of its US$500 million 4.375% Senior Notes due 2030.  The Notes were listed on the Singapore Stock Exchange.  BPI Capital, Citi, Credit Suisse, HSBC, Mizuho and UBS acted as joint lead managers.
    • The Hashemite Kingdom of Jordan in connection with the issuance of its US$500 million 4.950% Notes due 2025 and US$1.25 billion 5.850% Notes due 2030.
    • The Republic of Albania, acting through the Ministry of Finance and Economy, in connection with its issuance of €650 million of Notes due 2027.
    • The Arab Republic of Egypt in connection with the update of its US$30 billion Global Medium Term Note Programme and the issuance of its US$1.25 billion 5.75% Notes due 2024, US$1.75 billion 7.625% Notes due 2032 and US$2 billion 8.875% Notes due 2050 thereunder.
    • The Kingdom of Bahrain in connection with the update of the Kingdom’s Global Medium Term Note Programme and the issuance of US$1 billion of notes thereunder, as well as the update of the Trust Certificate Programme by CBB International Sukuk Programme Company and the issuance of US$1 billion of Trust Certificates thereunder.
    • Deutsche Bank and J.P. Morgan as joint lead managers, and Natixis and SMBC as co-managers, on the offering of US$750 million 6.95% Senior Unsecured Notes due 2030 by the State Oil Company of the Azerbaijan Republic (SOCAR).
    • Eskom Holdings Limited, South Africa’s state-owned integrated power company, in connection with the offering of its US$1.75 billion 5.75% Senior Notes due 2021. Barclays, J.P. Morgan and Merrill Lynch acted as joint lead managers.
    • JSC National Atomic Company Kazatomprom on its consent solicitation to holders of its US$500 million notes due 2015. J.P. Morgan and RBS acted as solicitation agents.
    • State Oil Company of the Azerbaijan Republic (SOCAR) on the offering of its US$500 million 5.45% Senior Unsecured Notes due 2017.  Citi, Deutsche Bank and RBS acted as joint lead managers.
    • Spartan Capital Holdings, as purchaser, on the tender offer and the US$1.4 billion offering of high yield and PIK notes by Polkomtel, the Polish telecoms company, as part of a major restructuring and refinancing.
    • Nile Finance Limited on the offering of its US$600 million 5.25% Guaranteed Notes due 2015, guaranteed by the National Bank of Egypt. Citi, Deutsche Bank and Morgan Stanley acted as joint bookrunners and global coordinators.
    • The Hashemite Kingdom of Jordan in connection with the offering of its US$750 million 3.875% Notes due 2015, which marked the Kingdom’s debut issue. Credit Suisse, HSBC and J.P. Morgan acted as joint lead managers.
    • Barclays, HSBC and Natixis, as lead managers, in connection with the offering by the Kingdom of Morocco of its €1 billion 4.50% Notes due 2020.
    • Various prime investment banks as joint bookrunners and lead managers on various debt issuances totalling over US$5 billion by Telefónica Emisiones S.A.U., guaranteed by Telefónica S.A. The Notes were issued under a shelf registration statement and listed on the New York Stock Exchange.
    • Advised on the US$500 million 4.45% Guaranteed Senior Secured Notes due 2022 issued by Adani Abbot Point Terminal PTY Ltd. (While in-house at an investment bank).

    Equity Capital Markets

    • Advising EFG Hermes as Sole Global Coordinator and to EFG Hermes and Renaissance Capital as Joint Bookrunners, in relation to the international offering by Macro Group Pharmaceuticals (Macro Capital) S.A.E., a joint stock company incorporated under the laws of the Arab Republic of Egypt, and its selling shareholder of 264,513,661 ordinary shares, each with a nominal value of EGP 0.2, listed on the Egyptian Stock Exchange.
    • Lysogene S.A., a pioneering Phase 3 gene therapy platform company targeting central nervous system diseases, in connection with its successful capital increase.
    • ADES International Holding Ltd. in connection with its US$696 million IPO on the London Stock Exchange.
    • Numis Securities, as sponsor, on the acquisition by Circassia Group plc of assets from AstraZeneca plc.
    • J.P. Morgan Cazenove and Morgan Stanley, as joint global coordinators, and Deutsche Bank and UBS Investment Bank, as joint bookrunners, in the £405 million IPO admission to the Premium Listing Segment of the Official List and to trading on the Main Market of the London Stock Exchange of Sophos Group plc.
    • Afren plc on its proposed US$1.7 billion capital restructuring, including the provision of US$350 million in high yield notes, debt-for-equity swap and secondary offering of shares on the London Stock Exchange.
    • Various private equity funds as selling shareholders on the IPO and premium listing on the London Stock Exchange of McCarthy & Stone plc. Deutsche Bank and Goldman Sachs acted as joint global coordinators with Jefferies as joint bookrunner and Peel Hunt as co-manager.
    • J.P. Morgan, Bank of America Merrill Lynch and RBC Capital Markets as underwriters on the US$100 million rights offering by Hochschild Mining plc.
    • Panmure Gordon & Co., as nominated adviser and broker, on the £22 million IPO and listing on AIM of MartinCo plc.
    • Numis Securities as sponsor and underwriter of the £100 million IPO and admission to the Premium Listing Segment of the Official List and to trading on the Main Market of the London Stock Exchange of Clipper Logistics plc.
    • Deutsche Bank and Numis Securities as joint sponsors and underwriters of the £490 million IPO and admission to the Premium Listing Segment of the Official List and to trading on the Main Market of the London Stock Exchange of Polypipe Group plc.
    • Nomad Holdings Limited on the IPO and listing on the London Stock Exchange of a special purpose acquisition company or ‘SPAC’. Barclays and Citigroup acted as joint global coordinator and joint bookrunners.
    • Atlas Mara Co-Nvest Limited on its incorporation and its US$325 million IPO and listing on the London Stock Exchange. Citigroup acted as global coordinator and bookrunner.
    • PZU S.A. on its PLN 8 billion IPO and listing on the Warsaw Stock Exchange. Credit Suisse and Morgan Stanley acted as joint global coordinators and with Deutsche Bank and Goldman Sachs as joint bookrunners.
    • Advised on the £95 million IPO and admission to the Premium Listing Segment of the Official List and to trading on the Main Market of the London Stock Exchange of DWF Group plc. (While in-house at an investment bank).
    • Advised on the £330 million IPO and admission to the Premium Listing Segment of the Official List and to trading on the Main Market of the London Stock Exchange of Energean Oil & Gas plc. (While in-house at an investment bank).

    M&A

    • Zeta Petroleum Limited on the reverse takeover of a competitor listed in Australia.
    • Circle Software Limited on its sale to Realm Software.

    Includes matters handled at Dechert or prior to joining the firm.