The Paris debt capital markets team at global firm Clifford Chance remains a force in the area, providing support on high-value, cross-border DCM transactions to major domestic and international financial institutions, investment managers, government authorities and corporates across such industries as hospitality, manufacturing, automotive, beverages, personal care products and construction. Led by expert in securities Alex Bafi, DCM market authority Cédric Burford and structured finance specialist Jonathan Lewis, the group assists with debt issuance programmes, sustainable bond issuances, structured debt issues, liability management transactions and consent solicitations. Other key figures include counsels Auriane Bijon, who has experience of sustainability matters, Olivier Plessis, who has a notable focus on investment grade and high-yield bond issuances, and Andrew McCann, who is a dual qualified in France and England and Wales.

The experienced debt capital markets team at Gide Loyrette Nouel A.A.R.P.I. remains a force in the market, providing comprehensive support on complex, high-value debt transactions, and advising a portfolio of clients ranging from major financial institutions and insurers to corporates across such sectors as telecoms, construction, environmental services, aviation, retail and infrastructure. Headed by market-leading DCM authority Hubert Merveilleux du Vignaux, major issuance specialist Laurent Vincent, and US securities practice leader Melinda Stege-Arsouze, the group's services extend to MTN programmes, sustainable finance, hybrid transactions, mortgage and covered bonds, liability management and consent solicitation transactions. The team is supported by respected structured finance expert Arnaud Duhamel.

Headed by DCM expert Véronique Delaittre, the capital markets team at global firm Linklaters has strong experience advising major financial institutions, corporates across such sectors as energy and telecoms, the European Investment Bank and public institutions, on a wide range of matters across the practice space. Supported by Luis Roth, who specialises in securities offerings by foreign private and sovereign issuers involving US investors, the group's comprehensive service extends to hybrid bonds, covered bonds, sustainability-linked bonds, regulatory capital instruments, high-yield bonds and liability management transactions.

The Paris debit capital markets group at global firm White & Case LLP harnesses the bench strength of its experienced practitioners to advise major domestic and multinational financial institutions, corporates, insurers and sovereigns on high-value EMTN programmes, high-yield bonds, hybrid bonds and regulatory capital deals. Philippe Herbelin heads the capital markets team and is backed by Séverin Robillard, who is a leading name in the DCM space. Of counsel and market authority Cenzi Gargaro brings expertise to debt securities and sovereign bond issues. Other key figures include US-qualified lawyer Max Turner (who assists with Yankee and high yield bonds), Grégoire Karila (who focuses on hybrid debt/regulatory capital and ESG financings) and Thomas Le Vert. January 2022 saw the promotion of Olga Fedosova to partner and Tatiana Uskova to counsel.

The Paris debt and capital markets team at international law firm CMS Francis Lefebvre brings strength to high-value cross-border transactions involving major financial institutions, real estate investment trust companies, insurers, asset managers and corporates in such sectors as logistics and healthcare. Euro private placement market expert Marc-Etienne Sébire heads the practice, which assists with matters ranging from EMTN programmes and covered bonds to hybrid securities and liability management. Other key figures include Rosetta Ferrère, who has expertise in structured bond issues and debt restructuring, and senior associates Yaël Fitoussi and Myriam Issad.

Backed by the bench strength of offices across the Americas, the Asia Pacific and EMEA regions, the debt capital markets Paris team at Hogan Lovells (Paris) LLP advises financial institutions and corporates in such sectors as energy, transport and automotive involved in high-value, multi-jurisdictional transactions. Headed by debt securities expert Sharon Lewis and EMTN programme specialist Vincent Fidelle, the group's full offering extends to matters ranging from subordinated bond issues, covered bonds and EuroPP transactions to inaugural green bond issuances and commercial paper and liability management transactions. Other key figures include Katia Merlini and counsel Reza Mulligan, who handles complex credit facilities.

Backed by a network spanning North America, Europe, the Middle East and the Asia Pacific region, the Paris debt capital markets group at Latham & Watkins has strength in high-value, cross-border transactions, advising a broad client base of financial institutions and multinationals in oil and gas, engineering, fast-food restaurants, travel and digital marketing services. Headed by capital markets expert Thomas Margenet-Baudry, the group assists with such matters as high-yield bond offerings, hybrid notes offerings and green bonds. Other key figures include Roberto Reyes Gaskin, who manages investment grade debt offerings and liability management, and counsel Michael Ettannani.

Stephenson Harwood pairs the experience of its Paris team with the bench strength of its global network to advise financial institutions and corporates across such sectors as manufacturing, logistics and real estate, on high-value, cross-border transactions. Debt securities expert Jeremy Grant heads the group, which assists with sustainability-linked bonds, Eurobonds, MTNs, high-yield bonds, Euro PPs, hybrid offerings, secured notes and liability management. The team is supported by associate Cloé Nguyen, a specialist in ESG.

Following the October 2021 arrival of finance head Julien Bacus, who brings to the team more than 20 years' experience in the DCM space, and counsel and debt product expert Charles Tissier, the team at the Paris office of Addleshaw Goddard continues to grow. The group advises a broad client base including financial institutions, public entities, insurers and corporates in such sectors as mining, automotive and media on high-value transactions, The team's comprehensive service extends to Euro PPs, green bonds, subordinated notes, senior non-preferred notes and liability management.

Headed by finance expert Gautier Chavanet, the DCM team at Bentam Societe D'Avocats advises financial institutions and insurers and specialises in high-value transactions for urban planners and French administrative authorities, including public health institutions and public and para-public companies. The practice's full service extends to the implementation of EMTN programmes, as well as standalone bond issues.

The DCM team at Bredin Prat has a strong reputation for advising on high-value transactions involving financial institutions and corporates in such sectors as video games, luxury goods, travel and manufacturing. Headed by Raphaële Courtier, a debt structuring specialist, the group assists with high yield offerings, commercial paper and MTN programmes, eurobonds and ESG criteria.

Backed by a global network spanning five continents, the Paris DCM team at Jones Day brings strength to high-value DCM transactions, advising a client base of financial institutions, in addition to corporates active in sectors including healthcare and pharmaceuticals and telecoms. Headed by firm ESG coordinator and debt securities expert Linda A Hesse and of counsel and DCM EMEA coordinator Natalia Sauszyn, the group assists with matters involving standalone issuances, EMTN programmes, liability management and bond terms renegotiations, high-yield issuances and structured debt.

The team at the Paris office of New York-headquartered international law firm Kramer Levin Naftalis & Frankel LLP brings strength to advising asset management firms and corporates in fintech, real estate, tech and telecoms involved in DCM transactions. Led by alternative investment management practice co-heads Gilles Saint Marc and Hubert de Vauplane, the group assists with matters ranging from eurobonds, green bonds and EMTN programmes to liability management and consent solicitations. Counsel Manaf Triqui departed in September 2022.

Headed by capital markets authority Hervé Letréguilly, the Paris debt capital markets team at Shearman & Sterling LLP is a popular choice for major financial institutions and corporates in the agriculture, TMT, transport and manufacturing sectors to advise on high-value, cross-border DCM transactions. The firm's comprehensive service extends to private placements, debt programmes, warrant programmes and high-yield, convertible, exchangeable, hybrid and subordinated bonds.