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Freshfields earns multiple top rankings in Bloomberg’s Capital Markets league tables for H1 2024
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) has secured multiple top rankings in Bloomberg’s capital markets league tables for H1 2024.
Once again, Freshfields ranked first by deal value for advising issuers and selling shareholders in EMEA (including the UK) on IPOs and equity offerings. Freshfields is also ranked first by deal count for corporate investment grade bonds and third by deal value for global IPOs.
The transactions Freshfields advised on included some of the largest and most significant IPOs and equity or debt offerings in New York, London, Amsterdam, Frankfurt, Switzerland and Hong Kong.
Global Co-head of Capital Markets, Chris Mort, commented: “The results for H1 show that equity capital markets (ECM) have begun to return, with activity up 10% by deal value compared with the first half of 2023. This represents the strongest opening period for market activity in three years.
While we have seen some great ECM deals in 2024 to date (such as CVC and Galderma), and more are expected in the second half, we expect the market to see considerably more deal activity being launched in 2025/6. New York listed deals also started to pick up, and US issuance accounted for more than a third of global ECM in H1. This supports Freshfields’ strategy of further investment in New York listed deals, with the recent US capital markets hires of David Boles in London and Jackie Marino in New York.
Global debt capital markets activity also had a stronger start, with a three year high, making it the strongest first half for DCM activity since 2021 by deal value. We are pleased to see such strong results once again highlight our cross-border capabilities.”
Freshfields also secured the top position in the Bloomberg ECM rankings for 2023, and in Q1 2024, ranking first by deal value in the EMEA (including the UK).
