Department profile
Linklaters

Capital Markets: Debt

UK Guide 2026 : UK-wide


Linklaters

Rankings

Chambers Review

Provided by Chambers

Capital Markets: Debt - UK-wide

Band 1

Band 1


What the Team is Known For
Linklaters houses a market-leading capital markets team that is recognised for its skilled handling of both debt and equity transactions as well as offering capabilities in high-yield matters. The team handles matters across the UK, Europe and the USA, demonstrating prowess in areas such as liability management, sovereign bonds and equity-linked products. The firm benefits from strong ties to its banking and finance team and has particular expertise in convertible bond issues and green bond DCM transactions.

Work Highlights

Provided by Chambers

  • Linklaters advised AIB on an update of its EUR10 billion Euro Medium Term Note Programme and subsequent EUR650 million Fixed Rate Callable Resettable Subordinated Notes due in 2035 drawdown under the programme.

Strengths

Provided by Chambers

  • The Linklaters UK debt capital markets team is consistently top quality and one of the most knowledgeable groups in this space.

    Capital Markets: Debt respondentUK
  • The team at Linklaters have exceptional knowledge. They're hard-working, meet tight deadlines and have strong problem-solving skills.

    Capital Markets: Debt respondentUK
  • Linklaters have top of the class partners, with a developed and deep bench of senior lawyers.

    Capital Markets: Debt respondentUK

Notable Practitioners

Provided by Chambers

  • Band 2Ben Dulieu
    Band 2Ben Dulieu

    Ben Dulieu

    Ben Dulieu is well regarded for his broad DCM practice where he has notable skill in handling equity-linked instruments as well as convertible bonds.
    • He is renowned by the market for being fair and analytical so is trusted by both sides to help ensure a successful transaction.

      Capital Markets: Debt respondentUK
  • Band 2Carson Welsh
    Band 2Carson Welsh

    Carson Welsh

    Carson Welsh focuses on DCM and brings a great deal of experience to his work in the space. He has a strong reputation for his work on hybrid bonds and liability management exercises.
    • Carson is very good and clearly a top player in the capital securities world.

      Capital Markets: Debt respondentUK
  • Band 2Cecil D Quillen
    Band 2Cecil D Quillen

    Cecil D Quillen

    Cecil Quillen leads Linklaters' US securities practice and is widely viewed as an authority on matters in that space. He is sought out for his advice on deals relating to a variety of debt instruments, including green and equity-linked bonds.
  • Band 2Elaine Keats
    Band 2Elaine Keats

    Elaine Keats

    Elaine Keats comes highly recommended for her work advising banks on various debt transactions and is widely recognised for her superlative expertise in liability management.
    • You can always pick up the phone to them and get strong technical legal advice, they know their stuff and are always commercial.

      Capital Markets: Debt respondentUK
  • Up and ComingAndrew Chaplin
    Up and ComingAndrew Chaplin

    Andrew Chaplin

    Andrew Chaplin is recognised for his issuer side practice and liability management work. His is also notable for providing clients with advice on regulatory capital markets transactions.
    • Andrew has excellent expertise in most fields.

      Capital Markets: Debt respondentUK
  • Up and ComingArjun Muddu
    Up and ComingArjun Muddu

    Arjun Muddu

    Arjun Muddu is known for his representing both banks and financial institutions in complex and often cross-border matters. He also has experience in establishing sustainability-linked note programmes.

Ranked Individuals at Linklaters (6)

UK-wide

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