Offering extensive capabilities in the full range of equity capital markets transactions, we often advise issuers on the most appropriate transaction structure, in conjunction with the issuer’s other advisers, taking into account the issuer’s funding needs in the context of its balance-sheet management and the wider commercial rationale for the transaction.

We advise on IPOs of both share issuers and GDR issuers, secondary offerings including rights issues, open offers and placings; as well as equity-linked debt securities, block trades and accelerated book-build offerings.

We have lawyers qualified to practice in every major jurisdiction, including an integrated US capital markets team operating across Europe, Asia and the US, and are able to help with listings on many of the world’s key stock exchanges using a range of offering structures. We act for issuers; selling shareholders and underwriters; all the major investment banks; and many governments worldwide, covering all areas of industry.

Our top-tier US securities practice has extensive experience in advising on international capital markets offerings. Nearly all of the international listings we have worked on have included a Rule 144A placement to institutional investors in the US and our sophisticated disclosure lawyers are well-versed in 10b-5 disclosure standards.