Capital Markets | Europe

The firm houses a renowned practice advising on a wide range of capital markets mandates. The law firm possesses a high capability in handling DCM transactions, assisting clients with securitisation programmes and the issuance of debt instruments. It also assists clients with ECM matters, including public offerings and private placements. Allen & Overy acts mostly for large European banks. On 1st May 2024, Allen & Overy and Shearman & Sterling merged to form A&O Shearman.

Linklaters is a top-tier law firm that advises issuers from the insurance, chemicals and energy industries across the broad spectrum of capital markets law. The team assists with the issuance of bonds, public offerings and private placements. It also represents banks as underwriters and bookrunners. Clients benefit from the team's strong links to the broader corporate and finance practices at the firm.

Baker McKenzie is a highly regarded law firm recognised for its expertise in ECM mandates. It advises on initial public offerings, the issuance of shares and warrants, and fund-raising through accelerated bookbuilds. The team acts for clients from the financial, pharmaceutical and manufacturing sectors. Team members are also active on DCM matters, assisting clients with bond issues.

Clifford Chance is a well-regarded law firm with a strong international network. It advises traditional lenders and financial institutions on bond issuances, private placements, securitisation transactions and EMTN programmes. The team also assists corporate clients with capital increases.

Eubelius has a respected ECM practice that is particularly adept at handling real estate transactions. It advises clients on capital increases and public offerings. The law firm also assists with private placements of shares by means of accelerated bookbuilds. As well as representing a number of clients from the real estate industry, the firm is popular with clients from the pharmaceutical sector. Team members also assist with bond issuances.

Jones Day has a noteworthy practice possessing expertise in ECM mandates, such as share placements. The law firm also assists clients with DCM mandates, including note programmes and bond issues. The team acts for banks, as well as advising clients from the public sector and the real estate industry. It benefits from strong links to its offices in other jurisdictions to capably handle cross-border transactions.

Freshfields has a well-reputed practice with notable experience handling a range of capital markets transactions. The law firm advises on global share offerings, private placements and EMTN programmes. It also provides assistance with rights issues. The team acts for clients from the financial sector as underwriters and arrangers on transactions in the pharmaceutical and real estate sectors.

Hogan Lovells is a new addition to the rankings this year following good client feedback and market recognition. The law firm is recognised for its work in debt capital markets, including providing advice on EMTN programmes and covered bonds. The lawyers are further active handling securitisation matters.

Loyens & Loeff is a prominent Benelux practice with particular expertise in handling transactions covering securitisations, derivatives and trade receivables. It provides assistance with green bond issuances and public takeovers. The law firm acts for clients from the financial, energy and technology industries.

NautaDutilh possesses significant experience in handling capital markets transactions in the real estate and biotech sectors, as well as representing financial institutions. The law firm advises on bond issuances, accelerated bookbuilds and private placements. It also assists with stock exchange listings and the transfer of listings.

Stibbe has a recognised Benelux practice with a strong focus on DCM mandates, such as advising issuers and shareholders on capital increases by way of private placement. The law firm advises clients from the banking and finance industry on setting up covered bond programmes. It also provides assistance with some ECM mandates, including setting up SPACs and securitisation transactions. The team is often active for public sector clients in updating EMTN programmes and green bond issues.

White & Case joins the rankings this year thanks to positive client feedback. The law firm assists clients with the establishment of EMTN programmes, note issuances and green bond issuances. The lawyers are also well placed to advise on securitisation matters.