Mr Stephen Gruendel > Shearman & Sterling LLP > New York, United States > Lawyer Profile

Shearman & Sterling LLP continues to build its standing in the high-yield debt arena, with a significant market share of underwriter-side and issuer-side engagements. It represents a long list of banks as underwriters and has a burgeoning issuer client base. Its broader leveraged finance practice provides additional credibility and another source of deal flow for the capital markets team, including acquisition financings and liability management transactions. While much of the core high-yield debt expertise sits in the New York office, a team in Houston is also active in this area. Harald Halbhuber, Jason Lehner (who also manages the Toronto office) and Stephen Gruendel are key partners in New York. Jonathan DeSantis has left the firm.