Capital Markets & Lending

Widely recognized as the leading law firm in leveraged finance, Cahill has long and close working relationships with many prominent international banking institutions, including Citigroup, Credit Suisse, JPMorgan, and Wells Fargo, among others. Our clients trust our experience and ability to deliver solutions-focused advice and deal execution, especially when the factual and legal issues are challenging and/or the financing structures are complex. They entrust us with the most sophisticated and challenging finance transactions: we represented the financing sources in nine of the ten largest U.S.-based leveraged buyouts completed to date. Cahill has been consistently ranked in Band 1 in the Banking & Finance category in Chambers USA.

Recognized as a Practice Group of the Year by Law360, our Capital Markets & Lending practice represents lenders and borrowers in loan financings, underwriters and issuers in debt, equity and equity-linked securities offerings and dealer managers and solicitation agents in exchange offers, tender offers and consent solicitations, in leveraged, distressed, high-grade and cross-over credits. We also represent mezzanine lenders and private equity investors in leveraged and strategic transactions.

Since 2005, Cahill has earned the distinction of being ranked as the #1 legal adviser to U.S. high-yield bond underwriters by Bloomberg and continues to be ranked in Band 1 in Chambers USA. In the U.S. Corporate Bonds category for 2020, Bloomberg ranked Cahill as the #3 legal adviser to managers by volume as well as #3 in the publication’s league table for legal advisers to managers of Sterling Investment Grade Corporate Bonds. Cahill was also ranked among the most active legal advisers to U.S. investment grade bond underwriters and among the top firms in several league tables reporting on underwriters for European investment grade bonds. In addition, Debtwire named Cahill the #1 legal counsel to North American high-yield bond managers by volume in 2020. Cahill also earned the #1 spot for legal counsel to North American M&A high-yield bond managers by volume. The Firm is recognized by Chambers USA in the Investment Grade Debt: Manager Representation category.

In the U.S. loan market, Cahill ranked first by Refinitiv Loan Connector as legal adviser to U.S. lead arrangers in leveraged loan transactions completed in 2020. Cahill has been the top ranked legal adviser to lead arrangers of leveraged loans since 2010. Cahill also ranked first as legal adviser to bookrunners in the overall loans transactions category by volume, and ranked first as legal adviser to lead arrangers in M&A loan transactions by deal count. On the leveraged lending side, Debtwire announced Cahill also claimed the #1 position in 2020 for legal counsel to North American lead banks by volume. Moreover, the Firm secured the #1 spot across four other league tables by volume for legal counsel to lead banks of North American leveraged loans. Categories included M&A leveraged loans, buyout leveraged loans, institutional loans, M&A institutional leveraged loans, and buyout institutional loans. In Western Europe, Debtwire named Cahill a top 5 legal adviser to lead banks and lenders in Western Europe for leveraged loans and the #2 legal adviser to lead banks for UKI leveraged loans for 2020.

On the equity side in 2020, Cahill earned the #5 position to legal advisers to U.S. underwriters of equity offerings according to Bloomberg. Cahill’s equity practice has also been recognized by Chambers USA.

Q1 2021 North American High-Yield Manager Advisers by Volume ($B)

Q1 2021 U.S. Legal Advisers to Lead Arrangers in Leveraged Loans by Volume ($B)