Ranking tables

Capital Markets: Debt | Global

Australia

The Capital Markets: Debt rankings table below has been designed to provide the most in-depth insights and reviews of the top ranked lawyers and law firms. The firms included in our rankings have been recommended by in-house counsel, other third-party experts and private practice lawyers. Our comprehensive research ensures you have all the information needed when looking to purchase legal services across Australia.

All Departments profiles

1

Band 1

  1. King & Wood Mallesons
    Capital Markets: Debt
    2025 | Band 1
2

Band 2

  1. A&O Shearman
    2
    A&O Shearman
    Capital Markets: Debt
    2025 | Band 2 | 13 Years Ranked

    A&O Shearman has a prominent team offering expertise across the full spectrum of DCM and ECM including high-value IPOs. The team has notable experience handling cross-border listings and funding for M&A transactions, particularly within the energy and resources sector. The firm is known for its strength in the securitisation arena and is experienced in working with an extensive range of asset classes including auto loans, residential mortgages and credit cards. The team has access to the firm's global network and is noted for its expertise in the US and European bond markets. The firm has long-established relationships with a number of international investment banks and top ASX-listed companies.

  2. Ashurst
    2
    Ashurst
    Capital Markets: Debt
    2025 | Band 2 | 15 Years Ranked

    Ashurst has a highly commended practice offering in-depth knowledge across the whole spectrum of ECM, DCM and securitisation transactions. The law firm is known for working on novel and bespoke securitisation issues, including portfolio acquisition funding, auto loan and lease securitisation and establishment of fintech securitisation programmes. Ashurst is experienced in the Eurobond and US markets and acts for leading financial institutions, international banks and financiers in addition to its blue-chip corporate client base. The team is frequently instructed on major IPOs and ASX listings and placements.

  3. Herbert Smith Freehills
    2
    Herbert Smith Freehills
    Capital Markets: Debt
    2025 | Band 2 | 15 Years Ranked

    Herbert Smith Freehills is recognised for its highly respected team handling an array of DCM, ECM and securitisation work. The equity capital markets team maintains a strong reputation for acting for issuers on highly complex and innovative matters, including high-profile IPOs, dual listings and hybrid issuances. The firm boasts significant experience in the Eurobond and US private placement spheres. Herbert Smith Freehills is also noted for its depth of experience interacting with key regulators in the market.

  4. Allens
    Capital Markets: Debt
    2025 | Band 2
3

Band 3

  1. Baker McKenzie
    3
    Baker McKenzie
    Capital Markets: Debt
    2025 | Band 3 | 3 Years Ranked

    Baker McKenzie demonstrates expertise in a range of ECM matters, including novel capital raisings and IPOs. The legal team routinely acts for underwriters, and handles cross-border capital raisings and listings throughout the Asia-Pacific region, with additional experience in the UK and US markets. Baker McKenzie is also noted for DCM expertise, including advice on note programmes and high-yield bonds.

  2. Gilbert + Tobin
    3
    Gilbert + Tobin
    Capital Markets: Debt
    2025 | Band 3 | 13 Years Ranked

    Gilbert + Tobin maintains a leading practice in the ECM space, known especially for its strength in handling high-value and complex IPOs, secondary offerings and block trades for issuers, investors and underwriters. The firm also has considerable expertise in DCM, where it is frequently engaged on complex restructures and refinancing of high-yield bonds.

  3. 3
    Norton Rose Fulbright
    Capital Markets: Debt
    2025 | Band 3 | 11 Years Ranked
  4. Clayton Utz
    Capital Markets: Debt
    2025 | Band 3
  5. MinterEllison
    Capital Markets: Debt
    2025 | Band 3