Ranking tables

Capital Markets: Debt | Global

Italy

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 Italy.

Rankings overview for Departments

All Departments profiles

1

Band 1

  1. A&O Shearman
    1
    A&O Shearman
    Capital Markets: Debt
    2025 | Band 1 | 18 Years Ranked

    A&O Shearman is an international firm well suited to advise on a plethora of ECM mandates, including IPOs, tender offers, listings and buy-backs. The law firm's roster features a variety of clients including underwriters as well as issuers of debt and equity. A&O Shearman's notable global network is well equipped to handle cross-border matters, with particular ability in those involving US and UK components.

  2. Clifford Chance Studio Legale Associato
    1
    Clifford Chance Studio Legale Associato
    Capital Markets: Debt
    2025 | Band 1 | 18 Years Ranked

    Clifford Chance has a highly reputed full-service capital markets offering encompassing debt, equity and structured finance. The firm is skilled at handling the full gamut of DCM mandates, including social bonds, green bonds, sustainability-linked bonds and hybrid Yankee and government bonds. The team is also experienced in all kinds of equity-related mandates, such as capital increases, IPOs and share deals. Clifford Chance has a strong offering in securitisation, particularly in connection with synthetic securitisations and non-performing receivables. The highly respected firm is able to advise clients on UK, US and Italian law. Its impressive cross-border capabilities enable the team to represent global financial institutions, and its strong internal ties provide notable assistance in tax.

  3. 1
    Latham & Watkins
    Capital Markets: Debt
    2025 | Band 1 | 17 Years Ranked

    Latham & Watkins' leading DCM practice is predominantly noted for its outstanding experience in high-yield bonds, green bonds and sustainability-linked bonds. The team also has considerable skill in ECM mandates, including IPOs and capital increases. The firm is widely recognised for its international strength and also shows capabilities in UK and US law, with close links to its office in London as well as US-qualified lawyers based in Milan. The team's clients include financial entities acting as bookrunners, arrangers or underwriters, as well as issuing corporates.

  4. White & Case LLP
    1
    White & Case LLP
    Capital Markets: Debt
    2025 | Band 1 | 13 Years Ranked

    White & Case is an impressive international firm displaying distinct prowess in equity as well as debt capital market transactions, stretching from IPOs, capital increases and accelerated bookbuild offerings to EMTN programmes, sustainability-linked issues and Yankee bonds. The team has a very strong focus on high-yield products. It is also frequently seen advising on structured finance matters involving real estate finance, securitisation transactions and restructurings. The law firm boasts outstanding cross-border capabilities, offering additional advice on UK and US law, bolstered by its global network. The team's clients come from a variety of sectors including banking and private equity.

2

Band 2

  1. Chiomenti
    2
    Chiomenti
    Capital Markets: Debt
    2025 | Band 2 | 17 Years Ranked

    Chiomenti is a highly reputed national law firm with a broad capital markets practice covering equity and debt, as well as structured finance. The team is very well suited to handle NPL portfolio transactions in the context of complex securitisation. Chiomenti is also skilled at assisting with green, hybrid and covered bonds, EMTN programmes and other DCM mandates, as well as IPOs, voluntary tender offers and share capital transactions. Chiomenti offers UK law capabilities thanks to its London office, and clients benefit from the firm's full-service offering, with tax partners frequently seen acting on complex capital markets transactions.

  2. Legance
    2
    Legance
    Capital Markets: Debt
    2025 | Band 2 | 17 Years Ranked

    Legance is a strong Italian firm that is well equipped to handle DCM, securitisation and equity-related capital markets mandates. The firm's broad offering includes high-yield transactions, green bond issues and the securitisation of non-performing receivables and EMTN programmes, as well as IPOs, rights issues and voluntary tender offers. The team advises a mix of domestic and international banks as well as financial institutions, including both issuers and investors.

  3. Linklaters
    2
    Linklaters
    Capital Markets: Debt
    2025 | Band 2 | 17 Years Ranked

    Linklaters provides a strong and wide-ranging capital markets practice with offerings in ECM, DCM and structured finance. The expert team shows considerable prowess in connection with IPOs, capital increases, share buybacks and rights issues, as well as securitisation transactions, NPL deals and covered bond programmes. Linklaters also advises on debt mandates, such as sustainability-linked and green bonds and EMTN programmes. It is also able to assist with different facets of deals, with notable activity representing arrangers and global coordinators. Linklaters' impressive international offering is bolstered by the firm's far-reaching global network.

  4. Simmons & Simmons
    2
    Simmons & Simmons
    Capital Markets: Debt
    2025 | Band 2 | 17 Years Ranked

    Simmons & Simmons is an international law firm with experience across the gamut of DCM mandates, including EMTN programmes, sovereign bonds, sustainability-linked and green bonds and other debt certificates. The team further assists with securitisations and regulatory matters. The firm represents leading banks, private credit providers and corporates, and works in close collaboration with its global network of offices.

3

Band 3

  1. BonelliErede
    3
    BonelliErede
    Capital Markets: Debt
    2025 | Band 3 | 18 Years Ranked

    BonelliErede has a strong team that is well suited to advisinge on the whole range of capital markets deals, and which has notable expertise across debt, equity and securitisation matters. The team is also skilled at handling derivatives mandates. BonelliErede handles a broad range of matters, including green and sustainability-linked bonds, covered bond programmes and non-convertible bonds, in addition to providing advice on capital increases, IPOs and NPL securitisations.

  2. Dentons Europe Studio Legale Tributario
    3
    Dentons Europe Studio Legale Tributario
    Capital Markets: Debt
    2025 | Band 3 | 3 Years Ranked

    Dentons is highly regarded for its activity in DCM. The law firm has a broad practice that encompasses social, green and sustainability-linked bonds, EMTN programmes, government bonds and other debt instruments. It is also active in securitisation mandates and structured finance. The team advises a mix of national and international banks, as well as state-owned holding companies. It also fields highly regarded lawyers in ECM, particularly IPOs, and equity-related corporate activity.

  3. Gianni & Origoni
    3
    Gianni & Origoni
    Capital Markets: Debt
    2025 | Band 3 | 18 Years Ranked

    Gianni & Origoni is a national firm covering the full spectrum of capital market transactions, from equity-related mandates to DCM and structured finance deals. The firm combines a strong offering in IPOs and capital increases with experience in convertible bonds, EMTN programmes, sustainability-linked bonds and other debt instruments. The team is also adept at assisting with the securitisation of various assets, including real estate assets and non-performing receivables. Gianni & Origoni's international reach is strengthened by strong associations with independent law firms worldwide. The firm offers UK law capabilities with dual-qualified lawyers and strong ties to its dedicated office in London.

  4. Cappelli Riolo Calderaro Crisostomo Del Din & Partners
    Capital Markets: Debt
    2025 | Band 3