Davis Polk & Wardwell LLP

Davis Polk & Wardwell LLP is a domestic and global leader in high-yield debt, both for issuer and underwriter engagements. Along with its thriving domestic high-yield debt practice, it has achieved a significant market share of deals originating in Latin America, Europe and Asia. The firm’s strong record in this area is cemented by tight cooperation between capital markets and bank finance colleagues in leveraged finance transactions; during the research period it advised on a series of major high-yield offerings linked to significant acquisitions. Michael Kaplan leads the corporate department and has an outstanding record in high-yield debt. Richard Truesdell is global chair of the capital markets group and is another major name. Alan Denenberg leads the Northern California office, while Maurice Blanco and John Meade co-head the capital markets team, with Blanco noted for his expertise in Latin America offerings. Byron Rooney, Derek Dostal, Shane Tintle and Marcel Fausten are also key names All are based in New York unless stated otherwise.