S&C Is Top Firm for Average Deal Value as Legal Advisers to Syndicated Loan Borrowers in 2021

January 31, 2022

Sullivan & Cromwell’s Credit & Leveraged Finance practice continues to successfully advise borrowers on high-value syndicated loan transactions around the globe. Refinitiv’s Global Syndicated Loans Review for 2021 shows S&C ranked (by proceeds):

  • #3 for U.S. borrower legal adviser
  • #4 for global borrower legal adviser
  • #4 for Europe, Middle East and Africa borrower legal adviser

With an average deal value of $3.2 billion for U.S. borrowers, $2.9 billion for global borrowers and $6.5 billion for EMEA borrowers, S&C led all firms in average deal value.