Counseling large corporations, private equity firms, financial institutions, and sovereign governments, Arnold & Porter‘s capital markets team excels in transactions across the globe, particularly in Central and South America. The team is led by three New York-based practice heads: Christopher Peterson, who advises on equity and debt issuances, M&A, as well as financial restructuring and liability management and Michael Penney, who works with clients in technology, biotech, and financial services, ranging from public issuers to private companies and investment funds. In Washington DC, Gregory Harrington advises on major international finance and capital markets transactions in Latin America, representing sovereigns, major banks, and corporations on debt offerings, SEC matters, and multi-billion-dollar financing programs, while Whitney Debevoise is skilled in sovereign finance throughout the region.
Capital markets: global offerings in United States
Arnold & Porter
Responsables de la pratique:
Christopher Peterson; Michael Penney
Autres avocats clés:
Gregory Harrington; Whitney Debevoise
Principaux clients
The Republic of Türkiye
The Republic of Hungary
Republic of Colombia
Republic of Panama
Adobe Inc.
Republic of El Salvador
Federative Republic of Brazil
Central Bank of Brazil (Banco Central do Brasil)
Brazilian National Treasury
Republic of Honduras
Enovix Corporation
Complete Solaria, Inc.
State of Israel
CuriosityStream Inc.
Principaux dossiers
- Advised The Republic of Turkey on completing nine offerings in the last twelve months.
- Represented the Republic of Hungary in US dollar debt issuances, including three recent large offerings.
- Advised the Republic of Colombia on global finance matters, including two historic first issuances of social bonds in international capital markets.
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton is widely regarded as a premier global capital markets firm, consistently trusted by leading corporates, sovereigns, and financial institutions to handle debt and equity offerings. Its New York-based practice, delivers critical, precedent-setting transactions, often coordinating across multiple jurisdictions. Jeffrey Karpf advises on corporate and financial transactions, corporate governance, and public and private debt and equity offerings, representing a range of issuers, investment banks, and institutional investors in complex capital markets matters. David Lopez has extensive experience with IPOs for domestic and foreign issuers, public and private debt and equity offerings for blue-chip companies, and experience on a variety of liability management transactions. Jorge Juantorena and Francesca Odell are particularly skilled in cross-border transactions in Latin America. Adam Fleisher has extensive experience advising hedge funds and private equity firms on GP stake transactions, structuring, and regulatory compliance. Duane McLaughlin is adept in acquisition financing transactions. Natalia Rezai is a rising star who has represented large multinationals in key capital markets transactions. Ilir Mujalovic joined the New York team in February 2026 from A&O Shearman.
Autres avocats clés:
Jeffrey Karpf; David Lopez; Jorge Juantorena; Francesca Odell; Adam Fleisher; Duane McLaughlin; Natalia Rezai; Ilir Mujalovic
Principaux clients
Sony
YPF
LATAM Airlines Group
Petroleos Mexicanos (PEMEX)
United Mexican States (Mexico)
Municipality of Lima
Alcoa and Alumina Pty Ltd
BBVA México
Pluspetrol
Pampa Energía S.A.
Vista Argentina
Ontario Teachers’ Finance Trust
Elbit Systems Ltd.
Telecom Argentina S.A.
CEMEX
BBB Foods Inc. (Tiendas 3B)
Andean Telecom Partners (ATP)
Auna S.A.
Banco Bradesco
Grupo Financiero Banorte
Principaux dossiers
- Represented Sony Group Corporation in its spin-off of Sony Financial Group (Sony FG) from Sony through a distribution of over 80% of Sony FG’s total outstanding shares to Sony’s stockholders.
- Represented longstanding client LATAM Airlines Group S.A. in three offerings in 2025: its $676 million public offering by certain of its shareholders of 15.51 million American depositary shares (ADSs); its $766 million public offering by certain of its shareholders of 18 million American depositary shares (ADSs); and its $370 million public offering by certain of its shareholders of 10 million American depositary shares (ADSs).
- Represented longtime client the United Mexican States (Mexico) in two multitranche registered offerings, including a $8 billion offering and a €5 billion offering.
Clifford Chance
Led by Jonathan Zonis and Hugo Triaca, the capital markets team at Clifford Chance continues to handle IPOs, secondary equity offerings, debt and high-yield issuances, note programs, liability management, hybrid and regulatory capital, and securitizations, among others. Zonis, is a recognized Latin American specialist with experience in sovereign debt offerings, restructurings, debt-for-nature and debt-for-development swaps. Triaca, advises on debt and equity offerings, hybrid securities, liability management, project and acquisition financings, and US corporate governance matters for Latin American issuers. Gianluca Bacchiocchi, who joined from Latham & Watkins in March 2025, represents sponsors, issuers, and underwriters in cross-border capital markets and infrastructure securitizations, including Rule 144A/Reg S offerings, private placements, and hybrid transactions. Mariana Estévez works on matters in the energy and infrastructure sectors. All partners mentioned are based in New York.
Responsables de la pratique:
Jonathan Zonis; Hugo Triaca
Autres avocats clés:
Gianluca Bacchiocchi; Mariana Estévez
Principaux dossiers
Cooley LLP
Cooley LLP demonstrates strength through its leadership on major cross-border capital markets transactions, advising high-growth companies – and their underwriters – on complex global offerings, particularly standing out as a leader in cross-border US IPOs for European companies. In San Diego, co-head Charlie Kim handles equity and debt transactions for prominent domestic and international issuers in healthcare, technology, and consumer sectors and is trusted by major investment banks. In San Francisco, co-head David Peinsipp advises globally recognized tech and tech-enabled companies on going-public transactions and other high-impact capital-raising offerings. Also in San Francisco, Kristin VanderPas handles IPOs, follow-ons, and de-SPACs, while Denny Won focuses on high-yield, investment-grade, and convertible debt. In New York, Div Gupta advises clients in healthcare and life sciences, and Richard Segal works across technology, consumer, and retail sectors. In Boston, Marc Recht handles complex corporate and securities matters, including IPOs, focusing on life sciences clients, and Courtney Thorne is skilled in foreign private issuer matters.
Responsables de la pratique:
Charlie Kim; David Peinsipp
Autres avocats clés:
Kristin VanderPas; Denny Won; Div Gupta; Richard Segal; Marc Recht; Courtney Thorne
Les références
‘Exceptional team.’
‘Div Gupta is the great partner who coordinates all legal matters. Fantastic support.’
‘We always felt well supported by the Cooley team at all times. The Cooley team generally offered practical solutions (not just the legal textbook answer) and guidance for making the solution work in the real world.’
Principaux clients
Life360
WeRide
Abivax
Yueda Digital Holding
ZOOZ Power
Inventiva SA
Bitdeer Technologies Holding Company
Valneva
Oculis Holding AG
RBC Dominion Securities Inc.
Alvotech
Canaan
Fangdd Network Group Ltd.
Jefferies
Leerink Partners
Uber
Snap
Morgan Stanley & Co.
Instacart
Rubrik
Principaux dossiers
- Advised Abivax on its $747.5 million follow-on offering of 18,699,460 American depositary shares at a public offering price of $11.60 per ADS in the US and a concurrent offering of 1,626,040 ordinary shares to certain investors in certain jurisdictions outside the US.
- Advised the underwriters in NewAmsterdam Pharma’s $479 million follow-on offering of (i) 14,667,347 ordinary shares at a public offering price of $24.50 per ordinary share and (ii) pre-funded warrants to purchase 4,882,653 ordinary shares at a public offering price of $24.4999 per pre-funded warrant.
- Advised ZOOZ Power on its Securities Purchase Agreements for an aggregate of up to $180 million private placement of ordinary shares, warrants, and pre-funded warrants pursuant to two separate securities purchase agreements.
Cravath, Swaine & Moore LLP
Led by Craig Arcella, William Fogg and Andrew Pitts, Cravath, Swaine & Moore LLP's capital markets team maintains a strong global practice across debt, equity and hybrid transactions. Additionally, it is strengthened by its London team and close relationships with clients in Canada and Europe. Arcella advises financial institutions and corporate clients on bond offerings, liability management, IPOs and other equity deals, as well as syndicated loans, direct lending and leveraged finance transactions. Fogg has recently advised underwriters as US counsel on a Rule 144A/Reg S IPO of a Canadian company’s shares listed on the Toronto Stock Exchange. Pitts advises investment banks and issuers on public and private securities offerings, convertible and equity-linked transactions, equity derivatives and liability management matters. Nicholas Dorsey has recently been active in complex capital markets and corporate finance work for foreign issuers, involving exchangeable notes offerings, capped call transactions, and other strategic financing matters. Joseph Zavaglia is skilled in advising companies and financial institutions on capital markets, complex financings, governance, SEC matters, and M&A. Douglas Dolan has extensive experience advising non-US issuers, particularly Canadian companies. All partners mentioned are based in New York.
Responsables de la pratique:
Craig Arcella, William Fogg, Andrew Pitts
Autres avocats clés:
Nicholas Dorsey; Joseph Zavaglia; Douglas Dolan
Principaux clients
AerCap
Burford
Element Fleet Management
Rogers
ODDITY
Various Financial Institutions
Principaux dossiers
- Represented Rogers in its US$2.1 billion fixed-to-fixed rate subordinated notes offering and in its cash tender offers for C$1.2 billion and US$1.7 billion.
- Represented AerCap in two senior notes offering totaling $2.7billion and in its $500 million registered fixed-rate reset junior subordinated notes offering.
- Represented the initial purchasers in the $1 billion high-yield senior notes offering of Alumina, a wholly owned subsidiary of Alcoa, and the dealer managers in the concurrent cash tender offers for notes of Alcoa with an aggregate principal amount of up to $1 billion.
Davis Polk & Wardwell LLP
Across the spectrum of cross-border securities offerings, Davis Polk & Wardwell LLP serves US and non-US issuers, underwriters, and financial intermediaries. Co-head Maurice Blanco is well-regarded in capital markets, with extensive experience on a wide range of transactions involving Latin American issuers. Co-head Michael Kaplan advises issuers and underwriters on US and international capital markets and leveraged finance transactions, including IPOs, equity and debt offerings, and also counsels clients on corporate governance, SEC, Sarbanes-Oxley, and securities-law matters. Co-leader John Meade leads major market transactions, including large-scale equity and debt offerings, debt-for-equity exchanges, secondary offerings, and corporate spin-offs across industries such as aerospace, consumer retail, and healthcare. Co-leader Richard Truesdell represents major investment banks as well as issuers. Manuel Garciadiaz handles IPOs, high-yield debt, exchange offers, M&A, and restructurings in Latin America. Yasin Keshvargar covers biotech, consumer products, fintech, and life sciences sectors. Roshni Banker Cariello and Hillary Coleman focus on IPOs and other equity offerings. Pedro Bermeo is also recommended. All partners are based in New York.
Responsables de la pratique:
Maurice Blanco; Michael Kaplan; John Meade; Richard Truesdell
Autres avocats clés:
Manuel Garciadiaz; Yasin Keshvargar; Roshni Banker Cariello; Hillary Coleman; Pedro Bermeo
Principaux clients
Amer Sports
Auna, S.A.A
Arcos Dorados Holdings Inc.
Banco Santander
Cosan
Galderma
Nayax Ltd.
Plaza S.A.
Royalty Pharma
Vesta
Principaux dossiers
- Advised Klarna Group plc on its SEC-registered initial public offering of 34,311,274 ordinary shares for total gross proceeds of $1.37 billion, of which 5,000,000 ordinary shares were issued and sold by Klarna and 29,311,274 ordinary shares were sold by more than 300 selling shareholders.
- Advising the representatives of the several underwriters in connection with the $275 million initial public offering of Grupo Aeroméxico, S.A.B. de C.V., consisting of an international SEC-registered offering of 11,727,325 American depositary shares (each ADS representing 10 common shares) at a price of $19 per ADS and concurrent offering in Mexico of 27,463,590 common shares at a price of MX$35.34 per common share.
- Advised Amer Sports, Inc. on its SEC-registered public offering of 46,920,000 ordinary shares, which include the full exercise by the underwriters of their option to purchase 6,120,000 additional ordinary shares, for total gross proceeds of $1.05 billion.
Debevoise & Plimpton LLP
Recognized for advising global corporations, financial institutions, and investors, Debevoise & Plimpton LLP continues to excel in the global capital markets space. Co-leader Paul Rodel advises clients across multiple industries in IPOs, follow-ons, private placements, and debt offerings. Co-leader Steven Slutzky focuses on securities offerings, representing issuers and underwriters in IPOs, high-yield and debt offerings, secondary equity, and tender offers. Matthew Kaplan advises issuers, private equity firms, and underwriters on public and private debt and equity offerings, as well as corporate, finance, and governance matters. Peter Loughran is skilled in US and international securities offerings. Eric Juergens has represented financial intermediaries and public companies. Benjamin Pedersen has handled matters across insurance, media, and telecommunications sectors. All partners mentioned are based in New York.
Responsables de la pratique:
Paul Rodel; Steven Slutzky
Autres avocats clés:
Matthew Kaplan; Peter Loughran; Eric Juergens; Benjamin Pedersen
Principaux clients
Access Industries
Alaska Air Group
American Airlines
American International Group, Inc.
Antares Holdings
Atkore, Inc.
Barclays
Booz Allen Hamilton
Brand Industrial Services
Citigroup
Clayton, Dubilier & Rice
Corebridge Financial, Inc.
Cornerstone Building Brands
Deutsche Bank AG
Elliott Investment Management, L.P.
Focus Financial Partners
Fortitude Group Holdings, LLC
Goldman Sachs
Hawaiian Airlines
J.P. Morgan Securities
LABL, Inc.
Morgan Stanley
Motor Fuel Group
Pacific Life Insurance Company
PetSafe Brands
Principal Financial Group
Radio Systems Corporation
RBC Capital Markets
S&S Activewear
Shearer’s Foods
TD Securities
The TCW Group, Inc.
TowerBrook Capital
Veritiv Operating Company
Voya Financial
Warner Bros. Discovery, Inc.
Wells Fargo Securities
Westpac Banking Corporation
Wilsonart LLC
Windstream Services
Wm Morrisons Supermarkets Limited
Wolseley Group
Principaux dossiers
- Advised Access Industries, a significant shareholder in Calpine Corporation, in Calpine’s $26.6 billion sale to Constellation (NASDAQ: CEG).
- Advised Corebridge Financial, Inc. (NYSE: CRBG) in American International Group’s (NYSE: AIG) $3.4 billion sale of Corebridge common stock to Nippon Life Insurance Company.
- Advised Westpac Banking Corporation in its SEC registered offer and sale of $750 million 4.600% Notes due October 20, 2026, $750 million Floating Rate Notes due October 20, 2026 and $1.5 billion 5.618% Subordinated Notes due 2035.
Dechert
Recognized for its representation of business development companies (BDCs), Dechert's capital markets practice excels in global offerings for issuers and underwriters. In Boston, co-leader Thomas Friedmann advises US and non-US issuers, investment banks, and alternative asset managers on public and private securities offerings, including BDCs and closed-end funds. In Philadelphia, co-leader Stephen Leitzell represents public and private companies, private equity sponsors, and portfolio companies across industries, focusing on healthcare and technology. In Washington DC, co-leader Harry Pangas handles BDCs, closed-end funds, interval funds, and tender offer funds in their formation, structuring, and distribution. In Philadelphia, Eric S Siegel advises issuers and investment banks on equity and debt securities offerings, and Ian A Hartman is a notable contact.
Responsables de la pratique:
Thomas Friedmann; Stephen Leitzell; Harry Pangas
Autres avocats clés:
Eric S Siegel; Ian A Hartman
Principaux clients
Aquestive Therapeutics
B&G Foods
Bain Capital Specialty Finance
BC Partners
BioAtla
Blackstone
Business Development Company of America
Diffusion Therapeutics
EaglePoint Credit Company
FS Investment Corporation
Golub Capital BDC, Inc.
Griffon Corporation
Hercules Capital
Horizon Technology Finance
Main Street Capital Corporation
PennantPark Investment Corporation/PennantPark Floating Rate Capital
Piper Sandler
Raymond James
Stifel
TriplePoint Capital
Via Optronics
WhiteHorse Finance
Principaux dossiers
- Represented Crown Holdings in connection with multiple debt offerings, including its offering of US$700 million aggregate principal amount of 5.875% senior unsecured notes due 2033 issued at par by its subsidiary Crown Americas LLC and its offering of €500 million aggregate principal amount of 3.750% senior unsecured notes due 2031 issued at par by its subsidiary Crown European Holdings S.A.
- Advised French biotech company Abivax SA (Euronext Paris: FR0012333284 – ABVX) in connection with its approximately US$747.5 million public offering (equivalent to €637.5 million), consisting of American Depositary Shares (ADSs) listed on the Nasdaq Global Market. This marks a record-breaking transaction for a French biotech.
- Represented Barings LLC as selling stockholder in connection with Accelerant Holding’s US$723 million initial public offering. In addition to the approximately 20.2 million shares offered by Accelerant, Barings and other existing shareholders sold approximately 14.2 million shares at $21 dollars a piece.
Hogan Lovells US LLP
Headed up by Richard Aftanas and Emil Arca, Hogan Lovells US LLP ‘s capital markets practice excels in global offerings. The team has a strong issuer-side focus, handling large investment-grade and high-yield offerings, IPOs for domestic and foreign private issuers, complex liability management transactions, securitizations, and cross-border restructurings. Additionally, it advises across energy, aviation, finance, manufacturing and sovereign sectors. Aftanas advises on spin-offs, tender and exchange offers, and other refinancing matters, as well as corporate governance, SEC compliance, and public company disclosure. Arca advises underwriters, issuers, investors, and lenders on debt capital markets, banking, and restructuring transactions worldwide, with a particular emphasis on Latin America. Sina Hekmat is recognized for his work on high-value corporate, securities, and transactional matters. All partners mentioned are based in New York.
Responsables de la pratique:
Richard Aftanas; Emil Arca
Autres avocats clés:
Sina Hekmat
Les références
‘Emil Arca…has a long history of doing cross border transactions in the emerging markets and has the most extensive experience in this type of transaction. He understands the legal pitfalls for these transactions.’
Principaux clients
Azul S.A.
Banco del Austro S.A.
Banco Industrial
BOC Aviation Limited
City of Cordoba (Argentina)
Enel S.p.A.
Enstar Group
KFW
The Government of the Bahamas
Medera Inc.
NCB Financial Group
Plum Acquisition Corp. III (Plum III)
Redcare Pharmacy N.V
Smurfit Westrock
The Republic of Ecuador
W. P. Carey
Principaux dossiers
- Represented Enel S.p.A. on its $4.5 billion multi-tranche investment-grade “Yankee bond” offering under Rule 144A/Reg S, the largest placement of debt securities by a European utility to-date in 2025.
- Represented Azul S.A. on an aggregate of approx. US$2.5bn groundbreaking transactions supported by an ad hoc group of holders of existing secured bonds and convertible debentures.
- Represented KfW, a German state-owned investment development bank, on an aggregate of US$17bn SEC registered public offerings with listings on the Luxembourg Stock Exchange.
Latham & Watkins
With a broad global footprint, Latham & Watkins continues to navigate the challenges of raising capital across multiple markets. Its practice is a top choice for issuers and underwriters managing cross-border equity and debt transactions. Recently, it advised a leading energy company on a multi-billion-dollar US bond offering, marking a first for its upstream business. Global chair Stelios Saffos leads the hybrid capital and public company representation practices, advising major sponsors, institutions, and companies on investments and financings across the capital structure. Global chair Ian Schuman leads the capital markets and public company representation practices, handling a wide range of capital raising transactions, including IPOs, follow-on offerings, convertible notes, and high-yield debt. Global vice chair John Sobolewski – who joined in February 2025 from Wachtell, Lipton, Rosen & Katz LLP – has advised clients across a wide range of industries, including technology, media, healthcare, real estate, retail, education, transportation, and energy. Managing partner Marc Jaffe works on high-profile transactions for leading companies, banks, and investors. Nathan Ajiashvili advises clients in the life sciences sector and Benjamin Cohen advises on securities, and corporate matters. All partners are based in New York.
Responsables de la pratique:
Stelios Saffos; Ian Schuman; John Sobolewski
Autres avocats clés:
Marc Jaffe; Nathan Ajiashvili; Benjamin Cohen
Principaux clients
ATAI Life Sciences AG
Bank of America
Citigroup
Deutsche Bank
GFL Environmental Inc.
Goldman Sachs
HPS Investment Partners, LLC
Jefferies
JP Morgan
Morgan Stanley
Repsol Breakwater
StubHub Holdings
Leerink Partners LLC
Wix.com
Principaux dossiers
- Advised Wix.com, the leading SaaS website builder platform, in its offering of US$1.0 billion convertible senior notes due 2030.
- Advised Repsol Breakwater, the holding company of the exploration and production (Upstream) business of Repsol, S.A. (Repsol) Group, in the issuance of three series of bonds for an aggregate amount of US$2.5 billion in the US market.
- Advised Citigroup as initial purchaser in IREN Limited’s private offering of US$875 million convertible senior notes due 2031. IREN is an Australia-based operator of data centers powered by 100% renewable energy.
Mayer Brown
Headed up by Anna Pinedo, Mayer Brown‘s capital markets team represents issuers and underwriters on domestic and international public and private financings. The practice has strong ties with major Canadian banks and pension funds and is a leader in covered bonds. Lawyers are New York-based unless otherwise noted. Pinedo advises on cutting-edge debt-side work and major equity transactions; as well as leading growth of the Canada, Nordic, Israel, structured products, and covered bonds practices. David Bakst advises on public and private securities offerings, including NYSE and Nasdaq-listed IPOs and multibillion-dollar debt deals. Phyllis Korff handles asset management, financial services, insurance, biotech, and manufacturing matters. Jerry Marlatt focuses on regulatory capital, commercial paper, and securities repackagings. Ryan Castillo is skilled in IPOs, follow-on offerings, investment-grade and high-yield debt offerings, tender and exchange offers, medium-term note programs; and is knowledgeable in Euro markets. Brian Hirshberg advises on real estate, business development, life sciences, healthcare, and aviation matters. Key contacts also include Ali Perry, Fatima Carrillo, Milena Muradian; in Los Angeles, and Ana Estrada; in Houston.
Responsables de la pratique:
Anna Pinedo
Autres avocats clés:
David Bakst; Phyllis Korff; Jerry Marlatt; Ryan Castillo; Brian Hirshberg; Ali Perry; Fatima Carrillo; Milena Muradian; Ana Estrada; Rafe Khokhar
Les références
‘The partner has a very hands-on way of operating which helps with more complex transactions.’
‘Ability to respond quickly to any request.’
‘Anna Pinedo – great breadth of knowledge and market experience. My go-to person for capital markets questions and advice.’
Principaux clients
Marex Group
Bank of Montreal and BMO Capital Markets
BofA Securities, Inc.
Canada Pension Plan Investment Board
Canadian Imperial Bank of Commerce
Citigroup Global Markets, Inc.
Deutsche Bank
Banco BTG Pactual
Islandsbanki hf.
J.P. Morgan Securities LLC
Macquarie Group and Macquarie Bank
Morgan Stanley & Co. LLC
National Bank of Canada
Ontario Municipal Employees Retirement System
Royal Bank of Canada and RBC Capital Markets
UBS Securities LLC
Wells Fargo Securities, LLC
Fédération Des Caisses Desjardins Du Québec
TC Energy Corporation
The Bank of Nova Scotia
Protalix Biotherapeutics, Inc.
Adaptimmune Therapeutics
ING Group
Columbia Pipelines
BNP Paribas
Credit Agricole
Societe Generale
BBVA
Toronto Dominion and TD Securities
Principaux dossiers
- Advised Société Générale on its first digital bond issuance in the United States, which was made usingBroadridge Financial Solutions, Inc.’stokenization capability on the Canton Network blockchain.
- Represented the National Bank of Canada (“NBC”), as US counsel, in its acquisition of Canadian Western Bank (“CWB”).
- Advised Blue Gold Holdings Limited, a United Kingdom-based foreign private issuer that is organized in the Cayman Islands, in connection with the successful completion of its business combination with Perception Capital Corp. IV, a U.S.-listed SPAC as US and UK counsel.
Milbank
With a dominant Latin American presence, Milbank advises on high-profile, first-of-its-kind cross-border debt and equity offerings across a broad range of sectors. Marcelo Mottesi, head of the firm’s corporate finance and securities group, and co-head of the firm’s Latin American practice, advises domestic and international companies and banks on corporate, capital markets, and finance matters. Additionally, he works across energy, financial services, telecommunications, agriculture, technology, manufacturing, real estate, entertainment, and retail sectors. Adam Brenneman, who joined from Cleary Gottlieb Steen & Hamilton in May 2025, advises issuers, underwriters, and lenders on IPOs, bonds, liability management, loans, and distressed transactions across the US, Latin America, the Caribbean, and beyond. Carlos Albarracin is skilled in cross-border capital raising, financing, and restructuring in Latin America, primarily in energy, infrastructure, and telecom, advising major banks and leading regional companies. Andres Osornio Ocaranza is adept in international offerings, restructurings, and project and acquisition finance. Gonzalo Guitart is a key contact. All individuals mentioned are based in New York.
Responsables de la pratique:
Marcelo Mottesi
Autres avocats clés:
Adam Brenneman; Carlos Albarracin; Andres Osornio Ocaranza; Gonzalo Guitart; Roland Estevez
Les références
‘Milbank is a very strong legal firm in capital markets and very pro business, meaning that they share the goal of sponsors on how to close on offerings as efficiently as possible.’
‘Very strong technically and always pro business with the sponsors. Special recognition to Carlos Albarracin and Roland Estevez.’
Principaux clients
Niagara Energy S.A.C.
Saavi Energía S.à r.l.
Colbún S.A
Deutsche Bank Securities Inc. as global coordinator and sole bookrunner and CIBC World Markets Corp. and First Citizens Bank Limited as co-managers in connection with Trinidad Generation Unlimited (TGU)
Banco Davivienda S.A
Underwriters and dealer-managers in connection with Ecopetrol
Initial purchasers in connection with Grupo Aeroméxico, S.A.B. de C.V
Initial purchasers and dealer managers in connection with YPF Sociedad Anónima
Dealers in connection with Banco de Crédito del Perú
Initial purchasers and dealer managers in connection with the Province of Córdoba
Compañía de Minas Buenaventura
Initial purchasers and deal managers in connection with Hunt Oil Company
Initial purchasers and dealer managers in connection with Arcos Dorados B.V.
Initial purchasers in connection with Antofagasta PLC
Initial purchasers in connection with GeoPark Limited
Initial purchasers and dealer managers in connection with Adecoagro S.A.
Initial purchaser in connection with Norman Manley International Airport
Initial purchasers in connection with Pluspetrol S.A.
Metropolitan Municipality of Lima
Initial purchasers in connection with senior Banco de Galicia y Buenos Aires S.A.U (Banco Galicia)
Principaux dossiers
Paul, Weiss, Rifkind, Wharton & Garrison LLP
With a focus on counseling issuers, Paul, Weiss, Rifkind, Wharton & Garrison LLP advises on complex equity, debt, and hybrid offerings, as well as acquisition financings and IPOs. The broader capital markets team is co-headed by the five-strong Gregory Ezring, Neel Sachdev, Eric Wedel, Brian Janson, and John Kennedy. Notably, the team is skilled in high-yield and convertible debt offerings. Its global capital markets team benefits from Christopher J. Cummings, who has advised investment banks and companies on public and private transactions, and Christian Kurtz, who advises issuers and investment banks across mining, oil and gas, technology, and telecommunications. Both professionals maintain a presence in New York as well as Toronto. Also in New York, is key contact Luke Jennings.
Responsables de la pratique:
Gregory Ezring; Neel Sachdev; Eric Wedel; Brian Janson; John Kennedy
Autres avocats clés:
Christopher J. Cummings; Christian Kurtz; Luke Jennings
Les références
‘Paul Weiss has a particular expertise in Canada/US cross border financing and M&A. They are the best in this area. They are extremely practical and user friendly. Their knowledge in the area is second to none.’
‘Chris Cummings is incredibly practical and knowledgeable.
Principaux dossiers
A&O Shearman
With cross-sector expertise in financial services, energy, telecommunications, media, biotechnology, healthcare, and transportation, the global capital markets practice at A&O Shearman advises major public companies, as well as leading global financial institutions in debt and equity offerings. Jason Lehner has a presence in both New York and Toronto, and advises issuers and banks on debt and equity offerings, cross-border deals, and liability management. Alejandro Gordano counsels corporations, governments, and investment banks on corporate finance matters – covering debt and equity offerings, credit facilities, restructurings, liability management, and structured finance. Ryan Robski is adept on a wide range of capital markets matters, with particular expertise in cross-border transactions and the multijurisdictional disclosure system for Canadian issuers. Gonzalo Robles is skilled in both equity and debt transactions, including investment-grade and high-yield debt offerings, and liability management. All lawyers mentioned are based in New York, unless stated otherwise. Ilir Mujalovic departed the team in February 2026.
Autres avocats clés:
Jason Lehner; Alejandro Gordano; Ryan Robski; Gonzalo Robles
Principaux clients
Champion Iron Canada Inc
Capstone Copper Corp.
Banco Itaú Chile
Banco Internacional del Perú S.A.A. (Interbank)
Republic of Chile
Bank of Nova Scotia
Banco BBVA Peru
Province of Ontario
Province of British Columbia
Banco de Chile
The Province of Cordoba
Republic of Honduras
Republic of Panama
International Finance Corporation
InRetail Shopping
Luz del Sur S.A.A.
Principaux dossiers
- Advised Capstone Copper Corp. in connection with its upsized offering of USD600 million of senior notes.
- Advised the underwriters in connection with TELUS Corporation’s registered public offering of USD1.5bn hybrid notes and concurrent abbreviated cash tender offers.
- Advised Champion Iron Canada Inc. in connection with its offering of USD500m senior notes.
Simpson Thacher & Bartlett LLP
Simpson Thacher & Bartlett LLP's capital markets team advises issuers and underwriters on the full spectrum of equity, debt, equity-linked, and derivatives offerings. It is headed up by the Washington DC-based Joshua Ford Bonnie, and New York-based Roxane Reardon and Kenneth Wallach. Additionally, it has expertise and a strong presence in Latin America and East Asia. Recent highlights include advising Tokyo Metro Co Ltd on its multi-billion-yen initial public offering, including a global offering to investors outside Japan under Rule 144A and Regulation S. Juan Francisco Méndez is key to the firm’s global offering, advising on SEC-registered IPOs, and a wide range of equity deals, with a focus on Latin America. Mark Brod represents companies, investment banks, and sponsors in IPOs, PIPEs, equity offerings, and high-yield and investment-grade debt financings, and also counsels clients on SEC compliance, corporate governance, and broader US securities issues. Todd Crider, who splits his time between the New York and Sao Paulo office, focuses on transactions in Latin America and Spain. John Ericson has experience across hospitality, consumer, retail, and manufacturing sectors, among others. All partners mentioned are based in New York, unless stated otherwise.
Responsables de la pratique:
Joshua Ford Bonnie; Roxane Reardon; Kenneth Wallach
Autres avocats clés:
Juan Francisco Méndez; Mark Brod; Todd Crider; John Ericson
Les références
‘The team is excellent. They are fluent Spanish speakers, which helps a lot in Spanish language jurisdictions, are extremely well versed in US securities laws, and have significant knowledge of the securities laws in other jurisdictions. The team is also extremely responsive.’
‘Juan Mendez is a very knowledgeable and thoughtful partner. The way he approaches matters and clients is very user friendly, which is different from what you see in other firms. His also very well versed in securities laws and accounting matters.’
‘The team is integrated by very professional staff that is in constant contact with the client and is focused on providing solutions and always available for discussion. They certainly made the deal very easy for us.’
Principaux clients
AerCap Holdings N.V.
Alibaba Group Holding Limited
Aston Martin Capital Holdings Limited
BBB Foods Inc.
BNP Paribas
BRF S.A.
Citigroup
Crédit Agricole Corporate and Investment Bank
Credit Suisse
Daiwa Securities
The Dominican Republic
Gates Industrial Corporation plc
GFL Environmental Inc.
Goldman Sachs & Co. LLC
Flutter Entertainment plc
J.P. Morgan
Johnson Controls
Kreditanstalt für Wiederaufbau (KfW)
Logicor
Mitsubishi UFJ Financial Group, Inc.
Mitsui Fudosan Co., Ltd.
Mizuho Financial Group, Inc.
Morgan Stanley
MUFG
Nomura Securities, Ltd.
Republic of Guatemala
RBC Capital Markets
Société Générale
Stonegate Pub Company Financing plc
TD Securities
Tokyo Metro Co., Ltd
Unigel Luxembourg S.A.
Via Varejo S.A.
Wells Fargo Securities
Principaux dossiers
- Represented the underwriters, led by J.P. Morgan Securities LLC, in connection with the US$1.05 billion initial public offering by NIQ Global Intelligence plc (“NIQ”) of 50,000,000 ordinary shares.
- Represented Tokyo Metro Co., Ltd. in connection with its ¥348.6 billion (approximately US$2.3 billion) initial public offering of shares, including an international offering to institutional investors outside Japan pursuant to Rule 144A and Regulation S under the Securities Act.
- Represented the underwriters in five public offerings of debt securities totalling US$17.0 billion by KfW in 2025 (through October 31).
Skadden, Arps, Slate, Meagher & Flom LLP
Advising on private and public financings, Skadden, Arps, Slate, Meagher & Flom LLP continues to deliver to its global network. Capital markets practice head Ryan Dzierniejko advises on venture capital financings and unicorn IPOs, as well as complex equity and debt transactions for Fortune 500 companies. Michael Schwartz, handles corporate debt and equity offerings, including high-yield and investment-grade debt, municipal bonds, IPOs, spin-offs, private capital transactions, liability management, and SEC compliance. Dwight Yoo is experienced in capital markets and corporate transactions, with expertise in the insurance and financial technology sectors. Michael Hong advises on IPOs, private equity transactions, and financings under the US-Canada Multijurisdictional Disclosure System. Laura A. Kaufmann counsels issuers and underwriters on investment-grade and high-yield debt. These partners as well as Gregory Fernicola, Joseph (Yossi) Vebman, and Jeremy Winter all have a presence in New York. Other contacts include Michelle Gasaway in Los Angeles, Gregg Noel and Brian Paulson in Palo Alto, Brian V Breheny and Raquel Fox in Washington DC, and Michael Hamilton in Houston.
Responsables de la pratique:
Ryan Dzierniejko
Autres avocats clés:
Michael Schwartz; Dwight Yoo; Michael Hong; Laura A. Kaufmann; Gregory Fernicola; Joseph (Yossi) Vebman; Jeremy Winter; Michelle Gasaway; Gregg Noel; Brian Paulson; Brian V Breheny; Raquel Fox; Michael Hamilton; David Goldschmidt
Principaux clients
Holcim Ltd./Amrize
FedEx Corporation
BofA Securities, Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (Investment Banking Syndicate)
Mubadala Investment Company PJSC
Intel Corporation
MetLife, Inc. and Subsidiaries
Citigroup, Bank of America Securities, Deutsche Bank Securities, HSBC, J.P. Morgan Securities, and Wells Fargo Securities (Underwriters)
BlackRock, Inc.
Pfizer Inc.
New Fortress Energy Inc.
Acrisure
BBVA Securities, Inc., Mizuho Securities USA Inc., RBC Capital Markets, LLC, and Scotia Capital (USA) Inc. (joint bookrunning managers); Bank of America Securities, Inc., MUFG Securities Americas Inc., Santander US Capital Markets LLC, and SMBC Nikko Securities America, Inc. (joint bookrunning managers)
Lucid Group, Inc.
First Quantum Minerals Ltd.
Vaxcyte
Royal Caribbean Cruises Ltd.
PayPal Holdings, Inc.
Hims & Hers Health, Inc.
Jane Street Group, LLC and JSG Finance, Inc.
MP Materials Corp.
Principaux dossiers
- Advised Holcim Ltd. on the $30 billion spin-off and dual NYSE/SIX listing of its North American business, Amrize, one of the largest and most complex carve-outs in recent memory.
- Advised FedEx Corporation on its approximately $16 billion debt-for-debt exchange offer and consent solicitation across 22 tranches, facilitating the planned spin-off of its Freight business.
- Advised a syndicate of investment banks (BofA Securities, J.P. Morgan Securities, Morgan Stanley, and Citigroup) as joint bookrunning managers in Meta Platforms, Inc.’s $10.5 billion senior notes offering, one of the largest U.S. investment grade offerings of the year.
White & Case LLP
Maintaining a presence on both the issuer and underwriter side, White & Case LLP continues to excel in its global offering. Practice head Gary Kashar leads the broader New York-based capital markets team and has experience across diverse industries, including energy, oil and gas, gaming and lodging, telecommunications, retail, and industrial sectors. Capital markets co-head John Vetterli represents issuers and underwriters in public and private offerings, 144A/Reg S deals, liability management, and structured credit and private equity transactions. Jessica Chen advises on IPOs, private placements, bonds, SPACs, and cross-border deals, with extensive experience representing Nordic and Latin American clients and major US investment banks. Rafael Roberti has experience in private and public securities offerings, including high-yield debt, liability management, and structured financings across the US, Brazil, Mexico, and other Latin American jurisdictions. Daniel Nam advises issuers, sponsors, and banks on debt and equity offerings, bridge financings, tender and exchange offers, corporate governance, and ESG-linked transactions, with extensive Latin America experience.
Responsables de la pratique:
Gary Kashar; John Vetterli
Autres avocats clés:
Jessica Chen; Rafael Roberti; Daniel Nam
Principaux dossiers
Willkie Farr & Gallagher LLP
Advising on a broad range of global transactions, including IPOs, seasoned offerings, and the issuance of equity and high-yield investment-grade securities, Willkie Farr & Gallagher LLP excels on both the issuer and underwriter sides. Capital markets co-chair Gregory Astrachan advises global companies, private equity sponsors, and banks on M&A, securities offerings, and corporate governance. Co-chair Eddie Best focuses on debt, convertible, and hybrid securities offerings and liability management transactions. Co-chair Cristopher Greer advises sponsors, issuers, and investment banks on public and private debt, equity, and equity-linked offerings, with experience in SEC matters and leading high-profile IPOs. The trio have a presence in the New York office. In Chicago, John Ablan handles complex capital markets transactions, de-SPACs, and liability management, as well as public company compliance matters.
Responsables de la pratique:
Gregory Astrachan; Eddie Best; Cristopher Greer
Autres avocats clés:
John Ablan
Principaux clients
Platinum Equity and its portfolio company Solenis
Hyundai Capital America
Canadian Imperial Bank of Commerce
Saks Global Holdings LLC
Xerox Corp
Reinsurance Group of America
Platinum Equity and Butterfly
McGraw Hill, Inc.
Ingram Micro Holding Corporation
Karman Holding Inc.
Take-Two Interactive Software
Sharkninja
1RT Acquisition Corp.
Karman Holdings
Yorktown Energy Partners
RBC Capital Markets
Fidelis Insurance Holdings Limited
U.S. Bank National Association
Grid Dynamics
Principaux dossiers
- Represented Karman Holdings Inc. through its $506 million IPO.
- Represented the initial purchasers in an offering of $12 billion of an innovative structure of P-Caps by a Luxembourg special purpose vehicle as part of a series of measures by the United Mexican States (Mexico) to provide support to Petróleos Mexicanos in the management and improvement of its balance sheet.
- Represented Saks Global in its market-defining $2.7 billion acquisition of Neiman Marcus Group.