League Table Rankings
Our Capital Markets Group earned numerous top-ten rankings in Thomson Reuters Capital Markets Legal Advisory 2017 Review:
- Global Debt, Equity & Equity-related Manager Advisor, based on proceeds - #8
- Global Straight Debt Manager Advisor (incl. ABS & MBS), based on proceeds - #8
- Global Straight Debt Manager Advisor (excl. ABS & MBS), based on proceeds - #7
- US Debt, Equity & Equity Related Manager Advisor, based on # of deals - #8
- US Debt, Equity & Equity Related Manager Advisor, based on proceeds - #5
- US Equity and Equity Related Manager Advisor, based on proceeds - #8
- US Straight Debt Manager Advisor (incl. ABS & MBS), based on # of deals - #9
- US Straight Debt Manager Advisor (incl. ABS & MBS), based on proceeds - #5
- US Straight Debt Issuer Advisor (excl. ABS & MBS), based on # of deals - #9
- US Straight Debt Manager Advisor (excl. ABS & MBS), based on # of deals - #7
- US Straight Debt Manager Advisor (excl. ABS & MBS), based on proceeds - #5
- All International Bonds Manager Advisor, based on proceeds - #8
- Asia Pacific G3 Bonds Issuer Advisor, based on # of deals - #10
- Asia Pacific G3 Bonds Manager Advisor, based on # of deals - #6
- Asia Pacific G3 Bonds Manager Advisor, based on proceeds - #8
- Asia Pac G3 Bonds ex Australasia, Central Asia Issuer Advisor, based on # of deals - #8
- Asia Pac G3 Bonds ex Australasia, Central Asia Issuer Advisor, based on proceeds - #10
- Asia Pac G3 Bonds ex Australasia, Central Asia Manager Advisor, based on # of deals - #5
- Asia Pac G3 Bonds ex Australasia, Central Asia Manager Advisor, based on proceeds - #7
Capital Markets also earned top-ten rankings in Bloomberg’s Capital Markets League Table for 2017:
- Global Bonds – Manager Ranked by Volume #6
- Global Bonds – Manager Ranked by Deal Count #6
- US Equity Offerings – Manager Ranked by Volume #7
- US Equity IPO – Manager Ranked by Volume # 9
- US Corporate Bonds – Manager Ranked by Volume #6
- US Corporate Bonds – Manager Ranked by Deal Count #6
- US Investment Grade – Manager Ranked by Volume #7
- US Investment Grade – Manager Ranked by Deal Count #5
- US High Yield – Issuer Ranked by Volume #9
- US High Yield – Issuer Ranked by Deal Count #5
- US High Yield Corporate Bonds – Manager Ranked by Volume #6
- US High Yield Corporate Bonds – Manager Ranked by Deal Count #6
- European Bonds – Manager Ranked by Volume #10
- EMEA Corporate High Yield Bonds – Risk – Issuer Ranked by Volume #3
- EMEA Corporate High Yield Bonds – Risk – Issuer Ranked by Deal Count #2
- EMEA Corporate High Yield Bonds – Risk – Manager Ranked by Volume #7
- EMEA Corporate High Yield Bonds – Risk – Manager Ranked by Deal Count #6
- EMEA Corporate Investment Grade Bonds – Manager Ranked by Volume #10
- Western European Corporate High Yield Bonds – Issuer Ranked by Volume # 3
- Western European Corporate High Yield Bonds – Issuer Ranked by Deal Count #2
- Western European Corporate High Yield Bonds – Manager Ranked by Volume # 7
- Western European Corporate High Yield Bonds – Manager Ranked by Deal Count #6
- Asia (ex Japan) Issuer G3 Currency Bonds – Issuer Ranked by Volume #9
- Asia (ex Japan) Issuer G3 Currency Bonds – Manager Ranked by Volume #5
- Asia (ex Japan) Issuer G3 Currency Bonds – Manager Ranked by Deal Count #5
Legal Directory Rankings & Awards
Global
- Chambers Global Capital Markets 2018: Equity – France – Band 2
- Chambers Global Capital Markets 2017: Debt – Band 3
- Chambers Global Capital Markets 2017: Equity – Band 3
- Chambers Global Capital Markets 2017: High Yield – Band 2
- Chambers Global Capital Markets 2017: Structured Finance, Securitization & Derivatives – Band 3
USA
- Chambers USA Capital Markets 2018: Debt & Equity – Band 3
- Legal 500 USA Capital Markets 2018: Debt Offerings (Advice to Issuers) – Tier 3
- Legal 500 USA Capital Markets 2018: Debt Offerings (Advice to Underwriters) – Tier 2
- Legal 500 USA Capital Markets 2018: Equity Offerings (Advice to Issuers) – Tier 2
- Legal 500 USA Capital Markets 2018: Equity Offerings (Advice to Underwriters) – Tier 2
- Legal 500 USA Capital Markets 2018: Global Offerings (Advice to Issuers) – Tier 2
- Legal 500 USA Capital Markets 2018: Global Offerings (Advice to Underwriters) – Tier 2
- Legal 500 USA Capital Markets 2018: High Yield Debt Offerings (Advice to Issuers) – Tier 2
- Legal 500 USA Capital Markets 2018: High Yield Debt Offerings (Advice to Underwriters) – Tier 2
Latin America
- Chambers Latin America Capital Markets 2018 – Band 2
- Legal 500 Latin America 2017 – Tier 2
UK
- Chambers UK Capital Markets 2018: Debt – Band 4
- Chambers UK Capital Markets 2018: Equity – Band 3
- Chambers UK Capital Markets 2018: High Yield – Band 2
- Legal 500 UK Capital Markets 2017: Debt Capital Markets – Tier 2
- Legal 500 UK Capital Markets 2017: Equity Capital Markets – Tier 2
- Legal 500 UK Capital Markets 2017: High Yield – Tier 1
Europe
- Chambers Europe Capital Markets 2017: Debt – Band 3
- Chambers Europe Capital Markets 2017: Equity – Band 4
- Chambers Europe Capital Markets 2017: Structured Finance – Band 4
France
- IFLR 1000 Capital Markets: Equity 2018 – Tier 1
- IFLR 1000 Capital Markets: Debt 2018 – Tier 2
- Chambers Europe France Capital Markets 2018: Equity – Band 2
- Legal 500 France Capital Markets 2018: Equity Capital Markets – Tier 2
- IFLR 1000 Capital markets : Structured finance and securitization 2018 – Tier 4
Italy
- Chambers Italy Capital Markets 2017: Equity – Band 2
Asia Pacific
- Chambers Asia-Pacific Capital Markets 2018: High Yield – Band 1
- Chambers Asia-Pacific Capital Markets 2018: Debt – Band 3
- Chambers Asia-Pacific Capital Markets 2018: Equity – Band 2
- Chambers Japan Capital Markets International 2018: US Law – Band 3
- Chambers China Capital Markets 2018: Debt (International Firms) – Band 2
- Chambers China Capital Markets 2018: Equity (International Firms) – Band 2
- Chambers China Capital Markets 2018: High Yield Products (International Firms) – Band 1
- Chambers Singapore Capital Markets 2018: International – Band 3
- IFLR1000 The Guide to the World’s Leading Financial Law Firms 2018: Debt Capital Markets in Hong Kong - Tier 1
- IFLR1000 The Guide to the World’s Leading Financial Law Firms 2018: Equity Capital Markets in Hong Kong – Tier 1
- High Yield Team of the Year – The IFLR Asia Awards 2017
- Asia Pacific Bond Deal of the Year: Paiton – PFI Awards 2017
- Best Investment Grade Bond: PT Paiton Energy $2 billion 13-year and 20-year amortizing notes – FinanceAsia Achievement Awards 2017
- Equity Deal of the Year: WuXi Biologics’ IPO – China Law and Practice Awards, 2017
Market Commentary
"The team has always been very responsive and reactive" and recognise the way "they consistently provide good advice in a very fluid manner." –Chambers Global 2017
They are "an excellent team; even when they're on the other side, it's a pleasure to work with them." –Chambers Global 2017
One source comments that any transaction undertaken with the firm has been "seamless" owing to the "high level of expertise, attention to detail and depth of experience" on offer. –Chambers USA 2017
Clients appreciate the team's skill in translating complex legal concepts "so that everyone understands them." –Chambers USA 2017
One client praises the firm's ability to "efficiently comply with deadlines - the team always responds excellently to the needs of the investor, carrying out the work in an engaged and committed manner. The firm's track record and experience in transactions in this market really stand out to me." –Chambers Latin America 2017
"They have a strong technical competence and work really hard; they also care passionately about developing relationships with their clients." –Chambers UK 2018
"The Shearman team is exceptional; they have technical ability combined with commercial instincts and good bench depth." –Chambers UK 2018
Shearman & Sterling LLP’s clients appreciate the firm’s ‘combination of US and UK law with a practical knowledge and understanding of what is really relevant, as well as the ability to be persuasive and determined.’ –Legal 500 UK 2017
Clients praise the team as "very professional, very well organised and very responsive," adding: "They come up with ways around things and solutions, which is super effective – they're real problem solvers." –Chambers UK 2017
Clients say: "They're all very commercial and they're up to speed with all the precedents in the market – you have a law firm that's really got your back. In every point of time you have reassurance that even if you're overlooking something they will bring it to your attention." –Chambers UK 2017
Clients say: "They're swift to respond, they co-ordinate things brilliantly, they're always available and they're practical and pragmatic." –Chambers UK 2017
Another client adds: "What's very useful is their international reach. If I have transactions or questions involving other countries I can get a one-firm approach from the London team, who will liaise with their counterparts." –Chambers UK 2017
Clients praise the firm's cross-border capabilities stating: "They do top-quality work - they have a lot of resources and bandwidth, a global network and can work seamlessly across different practice areas." –Chambers Europe 2017
Shearman & Sterling LLP’s "very responsive" team stands out for its "creative approach to legal issues" and has broad expertise in IPOs, block trades and right offerings, including the ability to handle cross-border transactions for issuers and underwriters alike. Employee shareholding-related mandates are another strength. Sami Toutounji and the "very well-respected" Hervé Letréguilly, whose "innovative mind-set is very valuable", jointly head the practice. Counsel Séverine de la Courtie has "created long-term relationships with banks, advisers and issuers alike." –Legal 500 France Capital Markets 2018: Equity Capital Markets
"They are excellent." […]"good expertise and perspective on all market transactions, both in Paris and in the US." –Chambers Europe France Capital Markets 2018: Equity
Clients appreciate the team's attentiveness: "We are satisfied with them, they are professional and dedicated." –Chambers Asia-Pacific 2018
Further, one client adds: "They are excellent. They respond very quickly and provide very useful advice both from a theoretical and practical point of view." –Chambers Asia-Pacific 2018
The team's prowess in bridging cultural gaps is praised by sources, as one observer notes: "They have perfectly bilingual lawyers who are knowledgeable about the US capital market deals." –Chambers Asia-Pacific 2018
"Impressive capital markets work across the Middle East. Particularly strong on Egyptian, Saudi and UAE matters" –Chambers Middle East-wide Capital Markets 2018
"Well-established regional presence particularly noted for its advice to clients in the oil and gas industry" –Chambers Saudi Arabia Capital Markets 2018
"Well versed in matters relating to the Saudi Stock Exchange" –Chambers Saudi Arabia Capital Markets 2018
Transaction Awards
- Awarded “Structured Finance Deal of the Year” by Bonds, Loans & Sukuk Middle East Awards 2017 for advising the initial purchasers on the US$814 million bond offering by ACWA Power Management and Investments One Limited.
- Awarded “Middle East and Africa Bond Deal of the Year” by PFI Awards 2017 for advising the initial purchasers on the US$814 million bond offering by ACWA Power Management and Investments One Limited.