Ranking tables
Capital Markets: Debt | Global
Global: Multi-Jurisdictional
Rankings overview for Departments
Band 2
- Davis Polk & Wardwell LLP 3 Years Ranked
- White & Case LLP 3 Years Ranked
- Cleary Gottlieb Steen & Hamilton LLP
- Latham & Watkins LLP
All Departments profiles
Band 1
1 1 Clifford Chance LLPCapital Markets: Debt2024 | Band 1 | 3 Years RankedClifford Chance is a globally-recognised brand with leading expertise across debt, equity and securitisation within capital markets. The law firm offers:
• Expertise in a range of debt capital markets issues, and is well versed in investment-grade and green bonds, liability management, sovereign issues and emerging market issuances.
• Extensive experience of large IPO transactions and listings across a diverse range of markets, including the London Stock Exchange.
• A widely-recognised capability in US derivatives and leading expertise for structured finance work across Europe and Asia.
• Familiarity representing the largest global financial institutions and investment banks.1 LinklatersCapital Markets: Debt2024 | Band 1 | 3 Years RankedLinklaters is a leading UK firm which stands out for the breadth of its expertise in capital markets. The law firm offers:
• A highly-regarded practice for a wide range of debt issuances, structured lending transactions and IPOs.
• Strong relationships with many large financial institutions, regularly serving as underwriters' counsel, while also remaining a popular choice for issuers and corporate clients.
• A highly integrated global team, particularly impressing across Europe and Asia, offering seamless handling of cross-border matters.
• An impressive ability to win instructions on complex global equity transactions.
Band 2
2 Davis Polk & Wardwell LLPCapital Markets: Debt2024 | Band 2 | 3 Years RankedDavis Polk is a prominent US firm with a significant global profile in capital markets across a range of jurisdictions. The law firm offers:
• A leading New York-headquartered capital markets group in the USA.
• A focused team in the UK with a strong emphasis on capital markets that enhances the firm's market share in Europe, particularly in relation to US law issuances by European companies.
• Impressive Asian and Latin American practices.
• Experience acting for international corporations and banks on some of the most high-profile IPOs in the global market and on complex high-yield and debt capital transactions.2 White & Case LLPCapital Markets: Debt2024 | Band 2 | 3 Years RankedWhite & Case is a globally-renowned firm that possesses impressive capabilities in many key financial areas, as well as local law expertise in numerous other jurisdictions. The law firm offers:
• Particular strength in the debt capital markets space.
• An excellent track record in high-profile and complex Islamic financing and sukuk matters, as well as in sovereign debt issuances.
• Long-standing experience in Africa, the Middle East and emerging markets.
Band 3
3 Cravath, Swaine & Moore LLPCapital Markets: Debt2024 | Band 3 | 3 Years RankedCravath, Swaine & Moore has a formidable New York practice with notable strengths in equity, leveraged debt and high-yield debt matters. The law firm offers:
• Significant strength and cross-border capabilities for high-end transactions, exerting influence globally through high-quality expertise in New York and London.
• Robust connections with strong independent firms in other jurisdictions.
• Experience advising a client base of high-end corporations on IPOs, exchangeable securities offerings and preferred stock offerings.
• Strong relationships with global investment banks, allowing the firm to regularly act as underwriters' counsel in high-yield matters.3 FreshfieldsCapital Markets: Debt2024 | Band 3 | 3 Years Ranked"I would certainly put them in the category of top-notch firms. Freshfields' team are very hands-on and responsive. They provide solution-oriented professional services which gave me great confidence."
3 Sidley Austin LLPCapital Markets: Debt2024 | Band 3 | 3 Years RankedSidley Austin has a vastly experienced capital markets team with particular proficiency in advising on debt capital transactions, along with structured finance and securitisation. The law firm offers:
• Experience acting for financial institutions due to its significant focus on the financial sector across its global platform.
• Knowledge of matters including mortgage and asset-backed securities, CLOs and conduit transactions.
• Strength in London and Hong Kong and across the USA for securities and debt work, in both investment-grade and non-investment-grade bonds.3 Simpson Thacher & Bartlett LLPCapital Markets: Debt2024 | Band 3 | 3 Years RankedSimpson Thacher & Bartlett possesses a diverse capital markets practice with extensive expertise in debt, high-yield and equity matters. The law firm offers:
• Considerable strengths from its US base, with high-end practices across the range of products in New York.
• Global strength through a well-regarded London high-yield practice and a highly rated team of lawyers across Asia.
• Substantial experience assisting first-time issuers and a well-regarded private equity practice to complement its global capital markets offering.3 Skadden, Arps, Slate, Meagher & Flom LLP & AffiliatesCapital Markets: Debt2024 | Band 3 | 3 Years RankedSkadden, Arps, Slate, Meagher & Flom is an internationally-respected firm that offers an impressive spread of capital markets practices across areas of specialism. The law firm offers:
3 Sullivan & Cromwell LLPCapital Markets: Debt2024 | Band 3 | 3 Years RankedSullivan & Cromwell is a distinguished US firm with a leading equity capital markets practice. The law firm offers:
• Significant transatlantic capabilities through the combination of its top-tier US team and its impressive London and Frankfurt offices.
• Broad expertise which includes IPOs, investment-grade debt offerings, collateralised loan obligations and acquisition financing.
• Strong relationships with, and experience representing, significant underwriter and issuer clients across Asia, Europe and Latin America.
• Experience in global debt and equity listings with US law components, regardless of origin.