Hunton Andrews Kurth Ranks Among Top Law Firms for Capital Markets Deals in First Half of 2020

Hunton Andrews Kurth LLP’s capital markets practice appears prominently in rankings by Bloomberg and Refinitiv of the top legal advisors to issuers and underwriters in U.S. and global transactions in the first half of 2020.

“Notwithstanding the economic uncertainty caused by the global COVID-19 pandemic, our capital markets team was very active in the first half of the year, representing clients in a range of significant public and private transactions,” said Susan S. Failla, who co-chairs Hunton Andrews Kurth’s capital markets practice with Courtney Cochran Butler, David C. Wright and Peter K. O’Brien.

“Our rankings reflect a strong showing through the second quarter, particularly in deals in the energy and consumer products industries,” Butler added. “As our clients weigh opportunities and risks in this rapidly evolving economic landscape, we will continue to play a key role in helping them accomplish their strategic goals.”

Bloomberg Capital Markets Rankings

Hunton Andrews Kurth finished among the top 10 law firms in seven capital markets categories and among the top 20 law firms in 20 categories in the first half of 2020, including:

#5 – U.S. Equity Linked – Manager Ranked by Volume
#8 – U.S. Equity Linked – Manager Ranked by Deal Count
#8 – U.S. Investment Grade Corporate Bonds – Manager Ranked by Deal Count
#9 – Global Bonds – Manager Ranked by Deal Count
#9 – U.S. Corporate Bonds – Manager Ranked by Deal Count
#10 – Global Bonds – Issuer Ranked by Deal Count
#10 – Global Bonds – Manager Ranked by Volume
#12 – Global Bonds – Issuer Ranked by Volume
#12 – U.S. High Yield Corporate Bonds – Manager Ranked by Volume
#13 – U.S. High Yield Corporate Bonds – Manager Ranked by Deal Count
#14 – U.S. Investment Grade Corporate Bonds – Manager Ranked by Volume
#15 – U.S. Corporate Bonds – Manager Ranked by Volume

Refinitiv Capital Markets Rankings

Hunton Andrews Kurth also placed among the top 20 law firms in 12 of Refinitiv’s first-half 2020 rankings, including:

#5 – Australia International Bonds – Manager Ranked by Deal Count
#13 – U.S. Equity & Equity Related – Manager Ranked by Deal Count
#13 – U.S. Straight Debt Excluding ABS & MBS – Manager Ranked by Deal Count
#14 – U.S. Debt, Equity & Equity Related – Manager Ranked by Deal Count
#14 – U.S. Debt, Equity & Equity Related – Manager Ranked by Volume
#14 – U.S. Straight Debt Excluding ABS & MBS – Manager Ranked by Volume

The firm’s notable transactions in the first half of 2020 included advising PG&E Corp. and its electric utility subsidiary on Chapter 11 exit financings of $22.7 billion new debt issuances and $9.75 billion new bank facilities, representing Philip Morris International Inc. in its $2.25 billion senior notes offering, and advising the underwriters in a $500 million offering of senior notes by Magellan Midstream Partners.

Hunton Andrews Kurth has a long history of representing issuers, investors and underwriters in a wide range of public and private offerings of equity and debt securities, with a particular focus on the consumer products, energy (including oil and gas and midstream, power, renewables and utilities), financial services and real estate industries. Over the last five years, the firm has handled more than 800 equity and debt capital markets transactions with an aggregate value of over $400 billion. Clients include publicly traded entities, including master limited partnerships and real estate investment trusts, middle-market entities, as well as large public corporations.