This section covers all areas of specialism that fall within the wider capital markets space. For South Africa, the section is divided into Equity Capital Markets and Debt Capital Markets. Advice on equity capital markets includes transactions such as IPOs, follow-on offerings, right offerings, capital increases, ADR/GDR offerings, accelerated bookbuilds and block trades. This table also considers regulatory securities work. Debt Capital Markets covers investment grade debt offerings such as bond issues, MTN programmes and commercial paper programmes. We also consider securitisation and convertibles. Although Capital Markets is separated into two ranking tables, law firms should provide one single submission containing both equity and debt capital markets work.
