A&O Shearman is widely recognised as one of the deepest, most experienced and most innovative firms in the debt capital markets space, and clients report ‘top-class service and unparalleled technical knowledge and market intelligence’. Tom Grant leads the practice, in which US-qualified partner Sachin Davé ‘can always be trusted to be commercial and deliver the desired outcomes’. The ‘very user-friendly’ Jamie Durham focuses on standalone bond issues, MTN programme establishments, updates and drawdowns, and liability management transactions. Daniel Fletcher is a key adviser to lead managers and issuers on a range of DCM work. Theo Trayhurn has ‘very good commercial sense and works pragmatically to find solutions’, notably in regulatory capital matters for financial institutions. Jonathan Melton‘s work spans investment grade MTN programmes and issuances, as well as emerging market transactions in Africa and CEE. Peter Crossan stands out for his work for corporates, financial institutions and sovereigns, which includes senior and subordinated bonds, ESG-related bonds, sustainability-linked bonds and liability management transactions. He has particular expertise in the Nordic DCM market. Up-and-coming partners Pawel Szaja and Andrew Enga, and senior associate Evangelia Andronikou also play pivotal roles in the practice.
Testimonials
Collated independently by Legal 500 research team.
- 'Top-class service and unparalleled technical knowledge and market intelligence. Deals are staffed appropriately so you know you're always in safe hands. Always a pleasure to work with.'
‘The team we work with, headed by Theo Trayhurn, has a high level understanding of the market, including a helicopter view of what other players in the market are doing as well as current trends. Theo and his team have a very good commercial sense and work pragmatically to find solutions. They work really well together as a team. The lawyers communicate well, are incredibly responsive, and absolute top professionals. They are absolutely top value for the money!’
Key clients
- Danske Bank
- Nordea
Work highlights
- Advised a bank syndicate comprising of BNP Paribas, HSBC and RBC Capital Markets on the European Investment Bank’s (EIB) inaugural issuance of sterling-denominated digital bonds, also marking the first public issuance on HSBC Orion, HSBC’s tokenisation platform.
- Advised BNP Paribas London Branch on H&M Group’s inaugural EUR500m green bond with a maturity of 8 years under its Euro Medium Term Note programme.