Presley is a partner in the London office of Gibson, Dunn & Crutcher and is a member of the firm’s Business Restructuring and Reorganisation, and Finance practice groups.
Presley advises financial institutions, private equity firms, and corporate clients on a wide range of cross-border financing and restructuring transactions.
Presley advises on complex private equity transactions, supporting both sponsors and lenders in navigating leveraged buyouts and public-to-private deals in the U.K. and Europe. His expertise includes structuring financing solutions across various instruments, such as first lien, mezzanine, PIK, and hybrid debt, as well as managing leveraged recapitalizations, senior credit facilities, bridge financings, and distressed debt arrangements.
Corporate transactions include advising corporates and lenders on event-driven investment grade financings and build-out transactions. Restructuring transactions include advising bondholders, financial institutions, and corporate and private equity-owned debtors on restructurings in the U.K., Europe and the Middle East.
Presley’s clients have included Goldman Sachs, Morgan Stanley, Apax, and Hellman & Friedman.. Mr. Warner’s corporate clients have included Stellantis N.V., Ferrari N.V., and Amgen Inc..
Presley is consistently recognised by Chambers Global, Chambers UK and Chambers Europe (2006 – 2023). His expertise has also been recognised in The Legal 500 UK (2014 – 2024), and he has been consistently ranked as highly regarded in IFLR1000 (2015 – 2024). While at his previous firm, he was shortlisted for Transatlantic Dealmaker of the Year (Finance) by The American Lawyer / Legal Week (2016).
Presley serves as a professional member of City of London Law Society Financial Law Committee, Insolvency Lawyers Association, City of London Law Society Committee on AI, American Statistical Association, American Association for Cancer Research, The American Association of Immunologists, , American Society of Human Genetics, and Institution of Engineering and Technology. Presley is a member of the AI Technical Committee of the Institution of Engineering and Technology. Presley is also a member of the 2024 cohort of the American Course on Drug Development and Regulatory Sciences (School of Pharmacy, University of California, San Francisco)
Prior to joining Gibson, Dunn & Crutcher, Presley was a partner in the Restructuring and Finance practice groups at another major international law firm and was head of that firm’s European Credit and Leveraged Finance practice. Presley is admitted to practice in England and Wales, New York, Canada (Inactive) and Massachusetts (Inactive).
Presley’s experience includes: *
Private Equity and Other Leveraged Transactions
- FGS Global in connection with KKR’s $775 million acquisition of WPP’s full equity position in FGS
- Carlyle funds on the financing of Caffe Nero
- Lion Capital in connection with its subsidiary, JVUK Holdco Limited’s acquisition of certain assets of John Varvatos UK Limited from U.K. administration, in connection with the U.K. business of John Varvatos
- Rhône Capital on English law financing aspects of its acquisition of Zodiac Pool Holding SA from a fund affiliated with the Carlyle Group for approximately $1.2 billion
- A consortium comprising APG Asset Management N.V., Arcus Infrastructure Partners LLP, Brookfield Infrastructure Group and Public Sector Pension Investment Board on the acquisition of TDF
- Goldman Sachs Merchant Banking Division on the high yield bond offering supporting its investment in Hastings Insurance
- Société Générale on various film leasing transactions and other structured leveraged products
- Goldman Sachs on financing matters in connection with the sale of 64% of Rothesay Holdco U.K. Ltd to the Blackstone Group, GIC Private Limited and Mass Mutual Life Insurance Company
- Barclays, Credit Suisse, Goldman Sachs and other underwriters in a bridge-to-bond acquisition finance transaction for CVC’s acquisition of the Domestic & General insurance business
- A consortium including Carlyle, Citic Capital, Fountainvest and China Everbright on the $2.5 billion leveraged acquisition of Focus Media – the largest LBO in Asia
Corporate
- A major shareholder on making an emergency loan to an English publicly-listed company
- Amgen on its $28.5 billion financing for the public takeover of Horizon Therapeutics
- ZIM Shipping Market Investments on its tender offer to purchase outstanding 3.0% Series 1 Notes and 5.0% Series 2 Notes of ZIM Integrated Shipping Services Ltd.
- Capital Product Partners L.P. on the $1.65 billion combination of its tanker business with DSS Holdings L.P.
- ZF Friedrichshafen AG on the €12.5 billion financing of its acquisition of TRW Automotive Holdings Corp.
- Apollo Tyres on financing aspects of its acquisition of Cooper Tire & Rubber Company, valued at approximately $2.5 billion
- Citibank as mandated lead arranger on various syndicated investment-grade financings, including for Heineken, Nestlé, XL Capital, Commercial Risk Reinsurance and Clearstream
- Kabel Deutschland GmbH on various financings aggregating in excess of €2 billion
- treasury facilities and acquisition financing for the purchase of Akka Technologies
- Philips and Lumileds on the financing for the sale of a majority interest (80.1%) in Lumileds, a combined LED components and automotive lighting business, to a consortium led by GO Scale Capital
- Goldman Sachs International, J.P. Morgan Securities plc and BNP Paribas on the financing of Tele Columbus Group’s acquisition of PrimaCom Holding GmbH, for a total consideration of €711 million and pepcom GmbH for €608 million C.banner International Holdings Limited on its acquisition of Ludendo Enterprises UK Limited
- Altran Technologies on its definitive agreement and plan of merger pursuant to which Altran agreed to acquire Aricent from a group of investors led by KKR for a total enterprise value of $2.0 billion, in an all-cash transaction.
Restructuring
- Fidera, as the largest creditor in the Part 26A restructuring plan of the Project Fürst development in Berlin
- Diebold Nixdorf in a series of transactions to refinance certain debt with near-term maturities and provide Diebold Nixdorf with $400 million in new capital
- Barclays Bank Plc as administrative agent and sole bookrunner to Cineworld plc in its Chapter 11 restructuring which involved a $1.935 billion Debtor-In-Possession credit agreement
- Certain Senior Lenders to Danaos in connection with its debt restructuring and NatWest Group on the disposal of its shareholding in Danaos in an off-market privately negotiated share sale to Danaos
- Eurazeo as significant shareholder to Europcar on Europcar’s €307 million financing related to COVID-19, consisting of a €220m new term loan, 90% guaranteed by the French State; €67m new financing facilities, 70% guaranteed by the Spanish State; and a €20m Incremental RCF guaranteed by Eurazeo
- The shareholders of Four Seasons Healthcare in connection with its debt restructuring
- Pacific Drilling, an offshore ultra-deepwater drilling company listed on the New York Stock Exchange, on its refinancing and restructuring of its $3 billion long-term high-yield bank debt governed by English-and New York-law
- Ad hoc committee of Towergate Insurance Group senior secured creditors in connection with Towergate's successful restructuring
- A steering committee led by Citibank on the restructuring of Gerling Global Reinsurance and its $800 million letter of credit facility
- Metrovacesa, the largest real estate company in Spain, on the restructuring of its syndicated and bilateral bank facilities aggregating over €6 billion
- Zim Integrated Shipping Services on the restructuring of its financing and capital markets financings, which was the largest restructuring in Israeli history. This involved financings governed by English, New York, German and Israeli law, as part of its $2.3 billion debt restructuring and debt for equity swap. The transaction has won a number of awards, including “Restructuring Deal of the Year” at the M&A Advisor 2014 Dealmakers; Awards and the Marine Money Awards 2015.
- Endemol on its restructuring, as well as advising one of its shareholders, Goldman Sachs Merchant Banking Division, both in its capacity as senior lender and as shareholder in Endemol
- Delek Group Real Estate on the restructuring of an £800 million stake in NCP, the U.K.’s largest private car park operator
- The Committee of Unsecured Noteholders on the $3 billion global restructuring of Algeco Scotsman, Inc.
- The Committee of Senior Secured Noteholders on the restructuring of Brighthouse Group Limited
- The lenders to GulfMark Americas in respect of its debt restructuring
- The Co-ordinating Committee of Creditors on the global restructuring of Abengoa, a Spanish renewables company operating in more than 80 countries across Europe, the Americas, Africa, Asia and the Middle East
- EurotaxGlass’s Group in the refinancing negotiations as they exit a restructuring
- Royal Bank of Scotland as senior secured lender of Dubai World, and other minority secured lenders, in connection with the $25 billion landmark restructuring of Dubai World
*Some of these representations occurred prior to Presley’s association with Gibson Dunn.
Presley's recent publications include:
- AI for restructuring professionals, in Global Turnaround, January 2024
- “Restructuring Law and Practice: Third Edition,” LexisNexis, 2022
- “Defaults and Restructurings: What Happens When it all Goes Wrong,” A Practitioner’s Guide to Syndicated Lending, Sweet & Maxwell, 2010
- “Negative Pledges,” PLC Magazine, 1999
Capabilities
Credentials
Education:
- University of Toronto - 1991 Juris Doctor
Admissions:
- England & Wales - Solicitor
- New York Bar