Ranking tables
Capital Markets: Debt | Global
UK
Rankings overview for Departments
Band 1
Band 2
- Freshfields 19 Years Ranked
- Cleary Gottlieb Steen & Hamilton LLP
Band 3
Band 4
- Akin 4 Years Ranked
- Davis Polk & Wardwell LLP 18 Years Ranked
- Mayer Brown International LLP 5 Years Ranked
- Morrison Foerster 5 Years Ranked
- Norton Rose Fulbright 10 Years Ranked
- Herbert Smith Freehills
- Latham & Watkins
- Simmons & Simmons LLP
Band 1
Band 2
- Ben Dulieu Linklaters13 Years Ranked
- Carson Welsh Linklaters20 Years Ranked
- Cecil D Quillen Linklaters18 Years Ranked
- Duncan Kellaway Freshfields10 Years Ranked
- Elaine Keats Linklaters10 Years Ranked
- Paul Deakins Clifford Chance LLP5 Years Ranked
- Peter Allen Freshfields17 Years Ranked
- Richard Levy Linklaters8 Years Ranked
- Theo Trayhurn A&O Shearman7 Years Ranked
- Tom Grant A&O Shearman5 Years Ranked
- Amy GeddesHerbert Smith Freehills
Band 3
- David Cohen Dentons12 Years Ranked
- David Howe Sidley Austin LLP6 Years Ranked
- Ian Clark White & Case LLP18 Years Ranked
- Jamie Durham A&O Shearman11 Years Ranked
- Kate Vyvyan Clifford Chance LLP4 Years Ranked
- Nick Hayday Dentons6 Years Ranked
- Richard Pogrel White & Case LLP3 Years Ranked
- David GottliebCleary Gottlieb Steen & Hamilton LLP
- Sebastian R SperberCleary Gottlieb Steen & Hamilton LLP
Band 4
- Daniel Fletcher A&O Shearman1 Years Ranked
- Elizabeth Collett Addleshaw Goddard LLP1 Years Ranked
- James Taylor Mayer Brown International LLP5 Years Ranked
- Matthew Tobin Slaughter and May4 Years Ranked
- Megan Schellinger Baker McKenzie3 Years Ranked
- Reuven Young Davis Polk & Wardwell LLP4 Years Ranked
- Sachin Davé A&O Shearman12 Years Ranked
- Scott Ashton Morrison Foerster3 Years Ranked
- Alex BilesAshurst
- J David StewartLatham & Watkins
- Piers SummerfieldSimmons & Simmons LLP
All Departments profiles
Band 1
1 A&O ShearmanCapital Markets: Debt2024 | Band 1 | 37 Years RankedAllen & Overy has extensive capital markets bench strength, allowing the firm to provide sophisticated advice on a comprehensive array of debt and equity transactions. The team's focal points range from bank regulatory work to some of the UK's largest IPOs, as well as complex high-yield offerings and leveraged finance deals. In addition, A&O has significant expertise advising on medium-term note programmes and debt issuances for major investment banks and issuers. Equally able across DCM and ECM, the firm draws on integrated US law capabilities and support from a network of EMEA partners, to act on the most significant cross-border transactions.1 Clifford Chance LLPCapital Markets: Debt2024 | Band 1 | 19 Years RankedClifford Chance has a strong reputation for sovereign DCM issuances and high-value IPOs. In particular, the team benefits from both US and European capabilities, as well as a far-reaching high-yield practice with support from specialists in Hong Kong and New York. The firm has expertise in US securities laws including Rule 144A offerings, which enables the smooth handling of complex cross-border transactions.1 LinklatersCapital Markets: Debt2024 | Band 1 | 19 Years RankedLinklaters 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.1 White & Case LLPCapital Markets: Debt2024 | Band 1 | 19 Years RankedWhite & Case provides skilled representation across DCM, ECM and high-yield capital markets transactions. Especially recognised for cross-border work, the firm maintains an extremely strong presence in European capital markets as well as the Middle East, Africa and other emerging markets. Areas of particular specialism include sovereign deals, debt restructurings and equity listings for EMEA issuers. The team is routinely sought out for advice on high-value regulatory capital matters and liability management work.
Band 2
2 FreshfieldsCapital Markets: Debt2024 | Band 2 | 19 Years RankedFreshfields tackles a diverse range of DCM and ECM transactions, from IPOs to sovereign bonds and MTN programmes. The team represents issuers, banks, regulators and exchanges and has significant experience in equity-linked deals, liability management and rights issues. In addition, it offers strong capabilities in the high-yield capital markets space.
Band 3
3 Baker McKenzieCapital Markets: Debt2024 | Band 3 | 15 Years RankedBaker McKenzie fields a team of UK and US-qualified specialists with well-established connections throughout Europe, the Middle East and Africa. The team focuses on sovereigns and emerging markets work across the capital markets. It is proficient in issuer-side advice for DCM transactions with further noteworthy expertise on both ECM and high-yield matters.3 DentonsCapital Markets: Debt2024 | Band 3 | 14 Years RankedDentons fields a team of well-regarded practitioners who are proficient in emerging markets transactions, with notable sub-specialisms in sukuk and Shari'a-compliant DCM deals. The firm has the ability, through its global network, to advise on matters pertaining to the Middle East, Africa and the CEE area. It also offers extensive expertise in US securities law, liability management and sovereign bond issues.3 Sidley Austin LLPCapital Markets: Debt2024 | Band 3 | 19 Years RankedSidley Austin handles DCM work for a client roster of issuers, financial institutions and investment banks. Tackling US, UK and European matters, the team demonstrates strength in a range of cross-border debt offerings and restructurings. In addition, they offer skills in Euromarket debt, regulatory capital and liability management and have significant experience in US securities law and high-yield debt offerings.3 Slaughter and MayCapital Markets: Debt2024 | Band 3 | 19 Years RankedSlaughter and May brings an issuer-side focus to both its DCM and ECM work. Specifically, the team comes highly recommended for its work with UK-based corporate groups on equity listings including high-value IPOs. In addition, the firm is recommended for its debt practice where it advises on standard issuances as well as more complex structures such as equity-linked products.3 Sullivan & Cromwell LLPCapital Markets: Debt2024 | Band 3 | 19 Years RankedSullivan & Cromwell provides strong domestic capabilities and international coverage for cross-border capital markets transactions. The team works with both issuers and underwriters, and offers expertise across a full range of DCM matters.
Band 4
4 AkinCapital Markets: Debt2024 | Band 4 | 4 Years RankedAkin Gump advised PGIM Private Capital as the sole provider of financing on a GBP350 million debut private placement issuance by Scottish Hydro Electric Transmission.4 Davis Polk & Wardwell LLPCapital Markets: Debt2024 | Band 4 | 18 Years RankedThe team at Davis Polk provides counsel to financial institutions on debt and equity offerings and brings its close relationship with the firm's corporate lawyers to bear on acquisition financings. With extensive experience handling capital markets transactions in both Europe and emerging markets, it has particular strength on deals in the Netherlands, Germany and the Nordics.4 Mayer Brown International LLPCapital Markets: Debt2024 | Band 4 | 5 Years RankedMayer Brown is a well-regarded global law firm with a comprehensive US-focused DCM offering. The team routinely acts for banking and financial services clients on sophisticated transactions and is well known for its experience of deals in the emerging markets.4 Morrison FoersterCapital Markets: Debt2024 | Band 4 | 5 Years RankedMorrison Foerster offers strong cross-border capability on high-value debt transactions, acting for financial institutions and issuers. The team is best known for its private placement work, with further areas of expertise including structured products, hybrid offerings and covered bonds. More broadly, it is able to draw on support from an international network of partners from offices in New York and Tokyo.4 Norton Rose FulbrightCapital Markets: Debt2024 | Band 4 | 10 Years RankedNorton Rose Fulbright maintains a strong presence in the world of sovereign bonds and debt offerings in the emerging markets. The firm also has expertise handling private placements for UK clients, and routinely works for both issuers and underwriters. The team is further recommended for specialist representation of Canadian clients.