Hunton Andrews Kurth LLP 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. During the past five years, we have handled more than 800 equity and debt transactions, with an aggregate value of approximately $400 billion. Our clients include publicly-traded entities, including publicly traded partnerships (MLPs) and real estate investment trusts (REITS), middle-market entities, as well as large public corporations.

We deal with the full range of capital markets and securities transactions, including:

  • Initial and follow-on public equity offerings
  • Rule 144A equity and debt offerings
  • Shelf registrations and takedowns
  • Secured and unsecured investment grade and high-yield debt offerings (including foreign currency-denominated bonds)
  • Equity-linked securities (including trust preferred securities, hybrid securities, equity units, depositary shares and convertible debt)
  • Global equity issuance by US issuers
  • At-the-market offering programs
  • Bought deals/block trades
  • Tracking stock and spinoff transactions
  • Tender offers and consent solicitations
  • Public and project finance
  • Exchange offers
  • Private placements (including PIPEs)

We advise businesses of all sizes and the world’s major investment banks in a wide variety of capital markets transactions. Representing both issuers and underwriters allows us to achieve a market-based balance between the protections demanded by institutional investors and the flexibility needed to effectively manage an issuer’s business.

Our capital markets team is experienced in efficiently handling every phase of the equity offering process. Since 2010, we have been involved in 70 IPOs that have raised almost $20 billion. We also advise clients on all types of debt issuances, both public and private, including convertible and mortgage debt, hybrid debt/equity structures and bridge financings. We have substantial expertise with public and private offerings of high-yield debt securities, investment grade debt securities and preferred securities.

Known for creating the first publicly traded limited partnerships, or master limited partnerships (“MLPs”), in the early 1980s, our lawyers have been instrumental in developing industry standard debt covenant features for MLPs and oil and gas exploration and production companies, and are skilled in negotiation of covenant, subordination, lien and intercreditor issues, pertaining to offerings of both unsecured and secured high-yield notes. We have also participated in complex, innovative project financings completed through the issuance of high-yield notes.

We are skilled in the efficient execution of investment grade notes offerings, which are often accomplished virtually overnight. Because of our proficiency in this area, we are often requested by issuers to serve as designated counsel to their underwriters. In such role, we continuously maintain current knowledge of these issuers' businesses and disclosure issues.

We also offer clients a fully integrated team of lawyers for cross-border transactions, including lawyers with local law knowledge in the United States, the UK, Hong Kong, Thailand, China and the Middle East.

Hunton Andrews Kurth’s capital markets and securities practice is integrated with our other practice areas, including tax, mergers and acquisitions, private equity, project finance, transportation infrastructure and concessions, energy and infrastructure (including specialists in the oil and gas, midstream, downstream, power, renewables and utility sectors), executive compensation and employee benefits, real estate, environmental, competition and intellectual property. We offer our clients not only technical knowledge, but also practical advice based on our extensive experience.

*See Bloomberg Capital Markets League Tables

Experience

    • Initial and secondary public equity offerings
    • Rule 144A equity and debt offerings
    • Shelf registrations and takedowns
    • Investment grade and high-yield debt offerings
    • Equity-linked securities (including trust preferred securities, hybrid securities, equity units and convertible debt)
    • Tracking stock and spinoff transactions
    • Tender offers and consent solicitations
    • Public and project finance
    • Exchange offers
    • Private placements

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