Cahill Announces Another Record-Setting Year at Top of Global Capital Markets Legal Advisory League Tables
Cahill's prominence advising underwriters of debt and equity securities transactions was reflected in Bloomberg's 2011 Global Legal Advisory League Tables, including number one rankings in high yield debt, initial public offering and preferred stock equity categories.
Bloomberg ranked Cahill as the number one legal advisor to high yield bond managers in 2011, participating in 134 transactions, generating approximately $85 billion in aggregate gross proceeds and capturing a 36% share of the U.S. high yield debt market. Cahill has been ranked as the number one legal advisor to U.S. high yield managers in the legal league tables since 2005. Cahill also ranked third in the overall debt securities category, and ranked among the most active legal advisors to U.S. underwriters of investment grade corporate debt offerings.
Cahill ranked as the number one legal advisor to U.S. underwriters and third to global underwriters in initial public offerings by value capturing a 16% share of the U.S. IPO market, and ranked as the number one legal advisor to U.S. underwriters of preferred stock, capturing a 31% share of the U.S. preferred market. Bloomberg also ranked Cahill among the top ten legal advisors to global and U.S. underwriters in their overall equity offering categories.
Cahill ranked as the number two legal advisor to Euromarket high yield bond managers in 2011, participating in 22 high yield offerings, generating approximately $13 billion in aggregate gross proceeds and capturing an 18% share of the Euromarket high yield debt market.