League Table Rankings & Global Market Activity
Our Capital Markets Group was among the most active of all law firms in 2019 advising issuers and underwriters on the full range of capital markets transactions, including offerings of equity, high-yield and investment-grade debt, hybrid securities and liability management transactions. Our year-end 2019 Bloomberg capital markets law firm league table rankings include the following highlights:
- #4 in Global Bonds: Manager Advisers
- #8 in Global Bonds: Issuer Advisers
- #7 in U.S. Equity Linked: Manager Advisers
- #7 in U.S. Corporate Bonds: Manager Advisers
- #5 in U.S. Investment Grade Corporate Bonds: Manager Advisers
- #6 in U.S. High Yield Corporate Bonds: Manager Advisers
- #7 in U.S. High Yield Corporate Bonds: Issuer Advisers
- #4 in Canada Equity IPO: Issuer Adviser
- #5 in EMEA Corporate High Yield Bonds (inc EM) – Risk: Issuer Adviser
- #8 in EMEA Corporate High Yield Bonds (inc EM) – Risk: Manager Advisers
- #5 in Western European Corporate High Yield Bonds – Risk: Issuer Advisers
- #8 in Western European Corporate High Yield Bonds – Risk: Manager Advisers
- #7 in Asia ex-Japan Issuer G3 Currency Bonds: Manager Advisers
- #6 in Singapore Dollar Bonds: Manager Advisers
According to Refinitiv Thomson One Banker, Shearman & Sterling advised on over 200 global capital markets offerings in 2019, with an aggregate U.S. dollar value of almost $170 billion.
This included advising on debt, equity and hybrid offerings by issuers based in 38 different countries spanning a wide variety of industries, including aerospace and defense, automotive, banks and financial services, biotechnology, building and construction, chemicals, consumer and retail, containers and packaging, educational services, energy and power, food and beverage, government, healthcare, infrastructure, machinery, media and entertainment, oil and gas, real estate, software and internet technology, telecommunications and transportation, among others.
Legal Directory Rankings
We have a global capital markets practice that is recognized among those of leading law firms in jurisdictions throughout the world. In the various current regional editions of Chambers & Partners, our practice is recognized in one or more capital markets categories among the top three bands of law firms in the following countries/jurisdictions:
- Africa-wide
- Asia-Pacific Region
- Brazil
- China
- Europe-wide
- France
- Global-wide
- Italy
- Japan
- Latin America-wide
- Saudi Arabia
- Singapore
- UK
- USA
Market Commentary
“Acts for both issuers and underwriters on a range of corporate and securities matters. Able to advise on a wide variety of capital markets deals, ranging from high-yield debt offerings to IPOs. Utilizes its notable cross-border capability in advising international banks on their most complex transactions.”
- Chambers USA 2019
“Enjoys a respected global reputation across all areas of capital markets, recognised as a good-quality team which remains active and visible in numerous markets across all regions. Represents a range of FTSE 100 and Fortune 500 companies, hedge funds, asset managers and large financial institutions. Benefits from highly integrated London and New York practices and is effective in conducting complex cross-border transactions smoothly from its offices in key hubs and financial centres.”
- Chambers Global 2020
“Shearman & Sterling has built an enviable reputation for advising companies and financial institutions on some of their most important transactions and cases in Europe and internationally. In addition to working on local and pan-European matters, the firm’s London office has deep experience in cross-border work, advising European clients as they expand their business operations globally, as well as clients from all parts of the world looking to invest in Europe.”
- Chambers UK 2020
“Extremely strong high-yield debt team with a stellar reputation for its work on complex cross-border offerings, including activity in South-East Asia. Also well respected for its efforts in the investment-grade space, regularly representing blue-chip issuers and international banks in Singapore and China. Additionally very skilled at working on IPOs and secondary share issuances, with recent big-ticket deals in Japan, Hong Kong and Indonesia.”
- Chambers Asia-Pacific 2020
“Prestigious firm boasting an impressive portfolio of corporate and banking clients engaged in a broad range of debt and equity securities transactions throughout the region. Recognised for its experience acting for both issuers and underwriters on high-value notes and corporate bond issuances, IPOs and follow-on offerings, in addition to major sovereign debt offerings and liability management deals.”
- Chambers Latin America 2020
“It's a very professional firm," says a client, who notes: “I like the fact that the firm can always provide expertise our primary partner may not have. They can always organize Shearman's resources to address our needs.”
- Chambers USA 2019
