Patrick Tsitsaros

Patrick Tsitsaros

Associate, Corporate; Capital Markets

Bio

Patrick Tsitsaros focuses on international public and private M&A and corporate finance transactions, and also regularly advises on corporate governance matters. Mr. Tsitsaros has worked with issuers and underwriters in connection with equity and debt offerings and listings on several international exchanges.

His experience includes advising:

  • the lead underwriters in the US$400 million IPO of ordinary shares of Segezha Group PJSC on the Moscow Exchange; 
  • a bank consortium consisting of BNP Paribas, BNY Mellon, Citigroup Inc. and Goldman Sachs on their Series B investment in blockchain market infrastructure platform HQLAx; 
  • Zuber and Mohsin Issa, owners of EG Group, and TDR Capital LLP in their acquisition of a majority stake in ASDA Group Limited from Walmart Inc.;
  • the underwriters on a US$10 billion sovereign bond offering by the state of Qatar;
  • Royal Caribbean Cruises Ltd. in its acquisition of the remaining 33.3% interest in Silversea Cruises. Royal Caribbean previously purchased a 66.7% stake in the company;
  • Atlantica Sustainable Infrastructure plc on various corporate matters and in its:
    • US$300 million equity financing through an SEC-registered offering of ordinary shares and a concurrent private placement. This was the first SEC-registered equity offering using a U.K.-style cashbox structure;
    • US$115 million offering of 4.00% green exchangeable senior notes due 2025;
  • R.R. Donnelley & Sons Company in the sale of its European Global Document Solutions business to Paragon Group Limited;
  • Worldpay, Inc. (formerly Vantiv, Inc.) in its US$43 billion merger with Fidelity National Information Services, Inc.; and US$10.4 billion acquisition of Worldpay Group plc;
  • HSBC Bank plc as lead underwriter in a £1 billion offering by HSBC Holdings plc of perpetual subordinated contingent convertible securities;
  • Ashtead Capital Inc., a subsidiary of Ashtead Group plc, in its US$600 million Rule 144A/ Regulation S offering of 5.250% second priority senior secured notes due 2026;
  • EGPC in a US$400 million pre-export financing transaction raised through a bank facility from HSBC to fund the repayment of certain receivables owed to Petroliam Nasional Berhad (Petronas);
  • CME Group Inc in its acquisition of NEX Group plc for £4.3 billion;
  • International Paper Company in its unsolicited US$10.7 billion proposal to acquire Smurfit Kappa Group plc;
  • Phoenix Group Holdings in its US$4.1 billion acquisition of Standard Life Assurance Limited from Standard Life Aberdeen plc;
  • The Howard Gilman Foundation in its US$430 million sale of the operations of the Gilman Companies to West Fraser Timber Co. Ltd.;
  • Ball Corporation in its US$8.4 billion acquisition of Rexam PLC;
  • the majority shareholders of Eurasia Drilling Company Limited in its US$1.7 billion going-private acquisition by certain management and core shareholders;
  • Atlas Mara Limited in its US$63 million placement of 8% senior secured convertible notes due 2020; and
  • Match Group on various corporate matters.

Credentials

Education

  • Legal Practice Course, BPP University, 2015
  • G.D.L., BPP Law School, 2014
  • M.A., University of St Andrews, 2013

Admissions

  • England & Wales

Patrick Tsitsaros

Associate, Corporate; Capital Markets
patrick.tsitsaros@skadden.com