Earlsfort Terrace, Dublin 2,
Tel: +353 1 618 0529
Fax: +353 1 618 0618
Cormac is a partner, and the head of the firm’s Capital Markets Group. He advises on a full range of capital markets, structured finance, cross-border financing and related issues. Cormac has advised on the securitisation of a wide variety of asset classes, acting for both domestic and international clients, as well as on the establishment of covered bond programmes.
He also advises on a broad range of debt capital markets transactions including corporate and high-yield bonds, medium term note and commercial paper programmes, tier 1 and other hybrid-type securities. He also advises international lenders and Irish borrowers on cross border financing transactions in particular as regards asset backed lending. Recently he has advised sellers and buyers of portfolios of loans backed by residential and commercial properties and financial institutions providing funding backed by portfolios of loans.
Cormac previously worked for leading international law firms in London, New York and Hong Kong. He has lectured in Trinity College, Dublin on Finance Law.
Capital Markets Law Practice:
Arthur Cox has one of Ireland’s leading Capital Markets practices with an extremely impressive domestic and international client base. The Capital Markets Group advises originators, lead managers, dealers, rating agencies, trustees and issuers on a wide range of debt capital markets transactions, including bond issues and debt issuance programmes, repackagings, LPNs, securitisations, covered bonds, CDO/CLO transactions and derivatives.
The firm’s strong Irish client base generates a significant volume of domestic debt capital markets transactions. We continue to have a leading position in the Irish covered bond market, acting as dealers counsel on all public mortgage covered bond programmes. We have been at the forefront of Ireland’s securitisation market, advising on the first ever RMBS and the first ever, and only, public CMBS. We have advised issuers and managers on a variety of Tier 1 and Tier 2 issues by Irish credit institutions. We have also seen the trend continue of having Irish originated capital markets transactions documented under Irish law. Apart from Arthur Cox, very few Irish firms have the expertise and capacity to do this.
Recently we have been advising clients (both credit institutions and other corporations) on a variety of liability management projects involving the buy-back of securities and loans.