League Table Rankings
According to Bloomberg’s year-end 2020 law firm bank lending league tables, our Finance Group was ranked the #1 law firm worldwide advising lenders on U.S. investment grade loans, with 57 deals for an aggregate U.S. dollar value of almost $85 billion. We also ranked among the top three law firms worldwide, according to Bloomberg, advising lenders on U.S. loans (combined investment-grade and leveraged categories).
Our year-end 2020 law firm bank lending league table highlights include the following rankings:
Legal Directory Rankings
We have a global Finance Group practice that is recognized among those of leading law firms in jurisdictions throughout the world. In the current editions of Chambers & Partners (2020) and The Legal 500 (2019), our Banking & Finance/Commercial Lending practice is internationally recognized among the top bands of law firms in the following countries/jurisdictions:
“Houses a strong bench of banking and finance experts in its New York office, with a wealth of experience advising on international financing matters..... Its broader geographic coverage includes strong teams in Europe, Asia and the Middle East. Particularly well versed in working for lenders, including both commercial and investment banks, on asset-based, leveraged and investment-grade lending.”
- Chambers Global 2020
“Established practice routinely sought after for its expert counsel by borrower, lender and sponsor-side clients. Displays particular strength in syndicated lending, acquisition financing, asset-based lending and bond offerings. Possesses significant experience representing clients on complex cross-border transactions with a prominent London office that allows for seamless transatlantic coordination.”
- Chambers USA 2020
“Outstanding global group held in high esteem for the strength of its Latin American finance practice. Possesses profound insight into the requirements of regional transactions through its long-standing experience in market-leading deals in jurisdictions such as Mexico, Peru and Chile. Frequently acts as counsel to multinational banking institutions and energy companies on the full gamut of financial matters, including complex structured instruments such as syndicated loans.”
- Chambers Latin America 2020
“Excellent track record of managing a demanding caseload of domestic and cross-border financings, capitalising on its knowledge of the US market to advise on bank bond deals. Retains key panel appointments by major financial institutions, as well as continuing to act for significant borrower-side clients. Regularly instructed on leveraged finance work by an impressive list of private equity sponsors. Also noted for its growing reputation in hedge fund and other alternative lender representations in European direct lending transactions.”
- Chambers UK 2020
“Newly-ranked practice with a notable offering in France, Germany and the UK. Noted for its experience in leveraged finance, often acting on cross-border acquisition and real estate finance. Clients include global financial institutions, hedge funds and private equity companies. Frequently active on transatlantic matters involving the USA.”
- Chambers Europe 2020
Our Finance practice represents borrowers and lead lenders in the investment-grade syndicated lending marketplace. We have extensive experience in structuring and documenting (both in the United States and in Europe) commercial paper backstop facilities, syndicated letter of credit facilities, working capital and term loan credit agreements. With regard to investment-grade financing, our experience includes:
Shearman & Sterling’s Leveraged Finance lawyers are leaders in the high yield and leveraged bank market. Noted for their in-depth understanding of the business and legal considerations involved in leveraged credit, our lawyers offer a combination of market experience and a broad range of capabilities in the capital markets and the syndicated lending marketplace. We represent commercial banks, investment banks, mezzanine and second-lien providers, private equity sponsors and corporate borrowers. Our team includes lawyers from the global Capital Markets and global Finance teams based in New York, London, Paris, Frankfurt, Milan, Singapore, Hong Kong and Abu Dhabi, working in close collaboration with members of the Financial Restructuring & Insolvency and Project Development & Finance teams when needed.
Clients rely on us for sophisticated, market-recognized advice and deal management for acquisition and other leveraged financings across a wide range of industries, financial sectors and jurisdictions. We provide innovative and creative approaches that anticipate the requirements of all parties to complex, multi-jurisdictional transactions, including:
Our Structured Finance practice assists clients in developing, structuring and executing a broad range of complex financings involving securitization, structured products and other sophisticated financing techniques. Highly regarded by major corporations and financial institutions, we represent the entire range of global market participants, including issuers, underwriters, investors, trustees, servicers, credit enhancement providers, lenders, rating agencies and conduits.
We take a creative approach when handling different types of asset classes and transaction structures. Clients often turn to us to develop innovative structures that have become market standard, such as the Ciesco, Inc. and CAFCO commercial paper conduits in the late 1980s, and our lawyers’ involvement in the very earliest "whole business" securitizations in Europe and the United States. Utilizing both our legal experience and sophisticated business perspective, we work closely with clients to develop novel structured finance products that lower financing costs and achieve the specific legal, tax, corporate and financial objectives of all transaction parties.
Adept at executing transactions in multiple jurisdictions in the United States, Europe, Asia and Latin America, we have securitization experience in all relevant disciplines, including capital markets, banking, investment company, tax, corporate, bankruptcy, Investment Advisors Acts, ERISA, bank regulatory, securities regulation and secured financing.
With regard to structured finance, our experience includes: