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Securities

Sullivan & Cromwell has played a major role in the development of the capital markets in the United States for nearly a century and has long been at the forefront of innovation in securities matters. Today, the Firm regularly ranks as the leading law firm for U.S. and international securities offerings. Our reputation for the highest quality capital markets work is based both on the volume and value of offerings in which we are involved and on our ability to structure novel and effective transactions to address our clients’ needs.

Visit S&C’s Financial Services Reform Resource Center, which provides up-to-date information on Dodd-Frank and other financial institution regulatory reform related issues and developments. For information on financial services reform in France, visit S&C’s French Financial Services Reform Resource Center.

Comprehensive Service

Sullivan & Cromwell represents issuers, underwriters, selling and controlling shareholders and other market participants from all over the world. We provide advice on all phases of capital markets transactions, including:

  • Corporate structuring, governance and executive compensation advice
  • Structuring, timing and tax planning advice in anticipation of transactions
  • Pitch and new product advice
  • Advice on offering procedures, including publicity and research
  • Prospectus/offering circular preparation
  • Regulatory and corporate law advice
  • Negotiation of underwriting or purchase agreements, trust indentures, fiscal agency agreements and other transaction documents

Our practice includes:

  • First time listings and initial public offerings
  • Equity and hybrid products
  • High yield debt offerings and acquisition financing
  • Investment grade debt offerings
  • Private placements and Rule 144A/Regulation S offerings
  • Other exempt offerings such as bank securities and commercial paper financings
  • Spin-off, split-off and carve-out transactions
  • Liability management transactions, debt exchanges and debt restructurings
  • Structured finance transactions such as asset-backed instruments, credit-linked instruments and CLOs
  • Privatizations
  • Sovereign, quasi-sovereign and supranational offerings
  • Trading, stabilization and other market activity

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    Practice Contacts

  • David B. Harms
    New York
    P +1-212-558-4000
    F +1-212-558-3588
  • Robert Buckholz
    New York
    P +1-212-558-4000
    F +1-212-558-3588
  • Robert W. Downes
    New York
    P +1-212-558-4312
    F +1-212-558-3588