People

Nick Jones Corporate Lawyer
Nicholas Jones
Special Counsel

Overview

Nicholas Jones is an English law qualified lawyer advising clients in international finance transactions and projects in jurisdictions across the world. Nicholas has extensive experience working on a wide range of cross-border financing transactions, including syndicated and bilateral lending, acquisition finance, real estate finance, export credit finance and project finance. Nicholas also has experience advising on derivatives and restructurings. He represents both lenders and borrowers across a range of sectors, with a particular focus on energy and infrastructure.

 

Before joining Baker Botts in February 2018, Nicholas was an associate at another international law firm in London.

Publications, Speeches and Presentations

LMA Launches Revised Principles and Guidance for Sustainably-Linked Loans and Green and Social Loans, March 2023

Admissions & Affiliations

  • Qualified Solicitor, England and Wales, 2013

Education

  • Legal Practice Course, City University, London 2010
  • Bachelor of Laws, Jurisprudence, Oxford University 2008

Experience

Banking and Finance

  • Formula One – $2.7 billion Term Loan B, $840 million Term Loan A and $500 million revolving credit facility
  • Liberty Media Corporation - acquisition of the Dorna Group, the owner of MotoGP, and the subsequent refinancing of the Dorna Group’s existing debt facilities
  • MotoGP Sports Entertainment Group - $232.5 million Facility A, €800 million Facility B and €100 million revolving credit facility
  • Bristow Group - $70 million asset based lending facility agreement (including advising on amendments thereto in connection with a restructuring of the group)
  • Omniyat Group – multiple secured real estate and project development financings in the UAE (including murabaha and istisna finance structures)
  • Energy Trader - $150 million trade finance facility
  • Borrower - $80 million borrowing base facility for a US chemicals group servicing the oil and gas industry
  • Oil and gas group – restructuring the group’s debt facilities and additional facilities for the acquisition of oil and gas ventures in Brazil and South Africa
  • Oil and Gas field services group - $4.65 billion financing consisting of a $2.26 billion senior secured term loan facility, a $1.0 billion senior secured revolving credit facility and a $1.39 billion senior secured letter of credit facility
  • Oil and Gas field services group - $1.7 billion superpriority secured credit facility, $2.8 billion debtor-in-possession facility and an exit financing consisting of $2.44 billion in letter of credit capacity and $544 million of term loan debt on emergence from Chapter 1
  • Borrower – ECA covered facility agreement to finance the purchase of locomotives
  • Lender - $150 million facility agreement and RUB 15 billion facility agreement for a Russian property group in relation to commercial property in Moscow
  • Russian Bank – guarantee issuance facility for a Turkish construction group
  • Borrower - $35 million borrowing base facility for a US technology group
  • Liberty Group - $120 million sale of telecommunications group in the Seychelles
  • Lender - financing with an equity kicker for an international oil and gas group
  • Major Russian energy company - advice in connection with the part sale of a participation in a Russian LNG project
  • Lender - $175 million financing of the acquisition of a shopping and business centre in Russia
  • Lender - €110 million financing of the acquisition of real estate in Russia and additional facility increases for further acquisitions
  • Lenders - €40 million re-financing of facilities for the acquisition of real estate in the Rostov region, Russia
  • Lenders - $250 million powership financing in Indonesia*
  • Credit fund - financing for an oil company in Ghana*
  • Lenders - export credit financings for search and rescue equipment delivered to the Republic of Angola*
  • Lenders - restructuring of an export credit facility for an offshore North Sea oil and gas group *
  • Lenders - $300 million pre-export credit facility agreement for an agricultural group*
  • Export credit agency - the financing for a stadium in Cameroon*

 Project Finance

  • Sumitomo Corporation and its sponsor partners – project financing for the Facility E IWPP in Qatar
  • Commercial Lenders and ECAs – project financing of the Abu Dhabi Waste-to-Energy Project in Abu Dhabi, which will be one of the largest waste-to-energy facilities in the world
  • Sponsor - project financing for a petrochemicals plant in the Leningrad Region, Russia
  • Sponsors - £75 million project financing for a battery storage facility in the United Kingdom
  • Sponsor - project financing of an onshore LNG liquification and storage plant to be constructed and operated in East Africa
  • A syndicate of lenders - $1 billion project finance facility for the development of a passenger port in Istanbul*
  • Lender - project financing for a wind farm in Türkiye*

Development Banks

  • Three International Financial Institutions and Commercial Lender - $300 million financing for a railway bypass in Almaty, Kazakhstan
  • Three International Financial Institutions - $225 million parallel convertible loan financings (including Dollar and Soum-linked loans) to a state-owned bank in Uzbekistan in connection with its privatization
  • International Financial Institution - $130 million parallel loan to a major Ukrainian agricultural group to refinance its outstanding bond and finance capex spending to repair war damage
  • International Financial Institution - €550 million syndicated loan to one of the largest glass manufacturers in Türkiye
  • International Financial Institution - €110 million loan agreement and €40 million convertible loan note agreement for a real estate group in Romania and Bulgaria
  • International Financial Institution - restructuring of a $120 million financing advanced to a Ukrainian agricultural group
  • International Finance Institution and Social Investment Fund - $40 million financing (including Soum-linked loans) for a bank in Uzbekistan
  • International Financial Institution - $60 million financing for a fertilizer company in Pakistan
  • International Financial Institution - $200 million syndicated financing for a leading bank in Oman
  • International Financial Institution - restructuring and settlement agreement for a $100 million financing advanced to a Lebanese bank
  • International Financial Institution - $200 million financing for an Armenian bank
  • International Financial Institution - $120 million syndicated financing for the leasing subsidiary of a major Turkish bank
  • International Financial Institution - $100 million financing to a bank in Türkiye
  • International Financial Institution - $110 million financing for a Turkish manufacturing group
  • Two International Financial Institutions - $120 million project financing for the creation of a farming enterprise and associated infrastructure in Uzbekistan
  • Two International Financial Institutions - $35 million project financing for the modernization and operation of a phosphate plant in Uzbekistan
  • International Financial Institution - $35 million Uzbekistan Soum-linked convertible loan to a bank in Uzbekistan in connection with its privatization
  • International Financial Institution - $30 million convertible loan to a bank in Ukraine in connection with its privatization
  • International Financial Institution - financing for a Central American transport group
  • International Financial Institution - project financing for a packaging company in Ukraine and Latvia
  • International Financial Institutions - $75 million port project financing in Ukraine*

*Prior to Joining Baker Botts



Awards and Community

Recognized as a "Rising Star/Leading Associate" in Finance: Emerging Markets by The Legal 500 UK, 2019-2026