Capital Markets: High-Yield Products | UK

Capital Markets: Equity includes advice on the raising of equity capital, such as: IPOs, right offerings, private placements and IPOs on foreign exchanges. Clients include corporate issuers and investment banks. We don’t consider advice on AIM listings in this table and work of that type should be included on a Capital Markets: AIM submission. Similarly, we won’t consider work relating to listed funds as this is covered elsewhere. Capital Markets Debt covers legal advice on the issuance of investment-grade debt. Transactions include: stand alone corporate and sovereign bond issuances, debt programmes, green bonds, liability management and equity linked bonds. Typically work is handled for underwriting banks and corporate and sovereign issuers, although work for trustees is accepted. Work relating to high yield bonds should be submitted to that practice area and won’t be considered here. Capital Markets: High-Yield Products focuses on issues relating to non-investment grade bonds. Firms can act for sponsors, issuers or investment banks on matters including stand alone issuances, sustainability-linked or green issuances or issuances in the context of wider financings.