News and Insights

Print this page

Search News & Insights

Matheson advises Dell Bank on its inaugural €500 million Irish law governed bond issuance

KEY CONTACT(S): Richard Kelly, Margot Carty
PRACTICE AREA GROUP: Structured Finance and Securitisation, Finance and Capital Markets, Listing Services
DATE: 04.11.2019

Matheson recently advised Dell Bank International d.a.c. (“Dell Bank”) in connection with its inaugural issuance and listing of €500 million in senior, unsecured bonds.  Dell Bank is an Irish incorporated captive finance bank supporting Dell Technologies, Inc., one of the world’s leading technology companies.

The transaction, the first public bond issuance by Dell Bank, was a landmark transaction for the company.  The transaction was notable in that all transaction documents were governed by Irish law.  Matheson (as lead counsel) led the drafting of the main transaction documents and advised Dell Bank on all Irish capital markets, corporate and regulatory issues during the process.

Richard Kelly, partner in Matheson’s Finance and Capital Markets Department, who led the Matheson team advising on the transaction, commented: “We are delighted to have worked with Dell Bank on this important transaction for them.  The fact that the transaction, which was fully governed by Irish law, was so well received by the market demonstrates the growing familiarity of investors with Irish law as a governing law for debt capital markets transactions.”

The Matheson team was led by Finance and Capital Markets partner Richard Kelly, who was assisted by Matheson’s Head of Listings, Margot Carty


About cookies on our website

Following a revised EU directive on website cookies, each company based, or doing business, in the EU is required to notify users about the cookies used on their website.

Our site uses cookies to improve your experience of certain areas of the site and to allow the use of specific functionality like social media page sharing. You may delete and block all cookies from this site, but as a result parts of the site may not work as intended.

To find out more about what cookies are, which cookies we use on this website and how to delete and block cookies, please see our Which cookies we use page.

Click on the button below to accept the use of cookies on this website (this will prevent the dialogue box from appearing on future visits)