S&C Continues Strong Showing in Refinitiv’s H1 2023 Capital Markets Rankings

S&C Continues Strong Showing in Refinitiv’s H1 2023 Capital Markets Rankings.

Sullivan & Cromwell’s preeminent Capital Markets Group continued its strong performance worldwide in a challenging market, leading all legal advisers across nine categories in the first half of 2023, according to Refinitiv. The Firm advised issuers on $101.8 billion in global debt, equity and equity-related deals.

In the first half of 2023, we advised clients on the following transactions:

• Rakuten Bank’s IPO (the largest Japanese IPO since 2018)
• Stripe’s $6.5 billion stock private placement
• Kelun-Biotech’s IPO
• MSG Entertainment’s spin-off of its traditional live entertainment business
• CMPC’s $500 million offering of green sustainability-linked bonds
• Fiserv’s $1.8 billion public offering of senior unsecured notes
• CRH’s plans to pursue a primary listing in the United States

S&C ranked first among U.S.-based law firms for global debt, equity and equity-related offerings by proceeds. We ranked first worldwide for U.S. straight debt, Asia Pacific G3 bonds, Japan equity and equity-related by proceeds and Australia international bonds by proceeds. In 2022, Law360 recognized S&C as a Capital Markets “Practice Group of the Year” for handling some of the most complex offerings for clients around the world.