Cahill’s Capital Markets & Lending Practice Achieves Impressive Rankings in Bloomberg's H1 2020 League Tables
After an exceptionally strong performance in the first half of 2020, Cahill's Capital Markets and Lending practice secured leading rankings in various categories across Bloomberg's H1 2020 Global Legal Adviser league tables.
Once again, Bloomberg ranked Cahill the #1 legal adviser to U.S. high-yield bond underwriters, an achievement the firm has consistently earned since 2005. In the first half of 2020, Cahill advised underwriters in 76 transactions, generating over $49 billion in aggregate gross proceeds and capturing over 30% share of the U.S. high-yield market.
Cahill ranked third in Bloomberg’s US Corporate Bonds category, advising in 122 transactions which generated approximately $103.4 billion in aggregate gross proceeds. The firm also ranked among the most active legal advisers to U.S. investment grade bond underwriters, high-yield bond underwriters for European currency transactions, as well as among several league tables for European investment grade bond underwriters. On the equity side, Cahill ranked #3 in US Equity Offerings, advising on 9 transactions which generated approximately $14.2 billion in aggregate gross proceeds.
Bloomberg ranked Cahill as the #1 legal adviser to lenders across all three major loan league tables. In U.S. Leveraged Loans, Cahill generated more than $114.9 billion in aggregate gross proceeds and captured over 45.7% of the market share in the first half of 2020, advising on 117 transactions. For all U.S. Loans, Cahill earned over 25% of the market share advising lenders in 128 transactions, which generated approximately $126.1 billion in aggregate gross proceeds. Globally, Cahill advised lenders on 130 loan transactions, generating more than $132.4 billion, capturing approximately 17.1% of the market share.
Bloomberg’s H1 2020 league table release marks the first time the publications ranked legal advisers for U.S. Leveraged Finance. As a result of advising lenders and managers in 164 transactions, Cahill earned the #1 in this table’s debut, capturing approximately 39.2% of the market share and generating generated approximately $121.5 billion in aggregate gross proceeds.