The post-summer rush of securities work has delivered a steady stream of debt work for advisers, but capital markets lawyers are warning that there is little sign of equity issuance returning to full health.
Market leaders Clifford Chance (CC), Allen & Overy (A&O) and Linklaters are reporting generally robust levels of debt work in the key post-summer season, despite the relative lull in European corporate bond issuance this year, with advisers turning their attention to emerging market issuers.
