Milbank Tweed Hadley & McCloy has hired a new high yield specialist in London.

Apostolos Gkoutzinis joins the firm from Shearman & Sterling, he focuses on debt and equity transactions and is qualified in England and Wales, Greece and New York.

He is ranked as a Highly Regarded lawyer by the IFLR1000 and has acted on bond issues by the likes of IntralotFirst Quantum Minerals and Salt Mobile in the past 12 months.

He will join a debt team at Milbank that includes the likes of Tim Peterson and Trevor Truman.

The move follows the hire by Milbank last week of a team of restructuring lawyers from Cadwalader led by Yushan Ng.