Davis Polk & Wardwell LLP

The partners in Davis Polk & Wardwell LLP‘s corporate practice handles a broad range of DCM, ECM, corporate finance, high yield and structured finance matters, but its work on debt offerings for corporate issuers is at the top of the market. Capital markets is at the heart of the London corporate group's work, and the firm leverages both English and US law capability to advise on a range of high-profile transactions such as the $4bn Rule 144A / Regulation S offering by Reliance Industries. Key partner Leo Borchardt and counsel Connie Milonakis led that deal. Practice head Reuven Young, who handles both investment grade and high yield mandates, is a key adviser to NatWest Group plc and NatWest Markets Plc, for which he recently handled an SEC-registered shelf takedown of $1.5bn, and cash tender offers for outstanding US-dollar denominated securities. He also assisted joint book-running managers and underwriters with combined issuance in excess of $3bn by B.A.T Capital Corporation.