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Mayer Brown

71 SOUTH WACKER DRIVE, CHICAGO, IL 60606, USA
Tel:
Work +1 312 782 0600
Fax:
Fax +1 312 701 7711
Email:
Web:
www.mayerbrown.com

Edward Best

Tel:
Work +1 312 701 7100
Email:
Mayer Brown

Work Department

Corporate & Securities

Position

Edward Best joined Mayer Brown in 1986 and steadily built a successful capital markets and corporate law practice. Today, he is co-leader of the firm's Capital Markets and Financial Institutions groups and serves on Mayer Brown's Partnership Board. He is widely recognized as one of the nation's leading capital markets attorneys. Eddie's experience includes: Capital Markets. Representing issuers and underwriters in connection with public and Rule 144A offerings of debt, equity, convertible and hybrid securities in the US and Europe; continuously offered debt and equity programs; liability management transactions, including equity and debt self-tenders, exchange offers, and consent solicitations; particular emphasis on offerings by financial institutions, including banks, insurance companies, brokers and specialty finance companies, and cross-border offerings. Mergers and Acquisitions. Counseling buyers, sellers, and financial intermediaries in connection with public and private acquisitions, joint ventures, divestitures, mergers, tender offers, and proxy contests. General Corporate Practice. Advising companies regarding Securities Act and Exchange Act compliance, NYSE and NASDAQ compliance, corporate governance, and Sarbanes-Oxley Act matters.

Education

Loyola University Chicago School of Law, JD, cum laude 1986 Research Editor, Loyola University of Chicago Law Journal University of Illinois at Urbana-Champaign, AB 1983


United States: Finance

Capital markets: debt

Within: Capital markets: debt

Equally adept at representing issuers and underwriters, Mayer Brown houses a ‘very capable and experienced’ debt capital markets group that excels in financial services-related work. Senior names include Chicago-based Edward Best, who co-leads both the capital markets and financial institutions practices; he recently acted alongside the London office to advise Chubb on Chubb INA Holdings’ €1.8bn debt offering. Best also advised the underwriters on Kellogg’s $1bn notes offering. In New York, group co-head Anna Pinedo, together with Jerry Marlatt, advised the underwriters on a $2bn notes offering by the Bank of Nova Scotia. David Bakst, also in New York, is another key contact and advised Canada Pension Plan Investment Board on a $1.2bn offering of green bonds. In 2018, seasoned capital markets specialist Phyllis Korff joined from Skadden, Arps, Slate, Meagher & Flom LLP in New York.

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Capital markets: equity offerings

Within: Capital markets: equity offerings

According to sources, ‘increasingly active’ Mayer Brown has ‘really upped its game recently’, due in no small part to the arrival of an experienced team from Morrison & Foerster LLP in early 2018, which included new group co-head Anna Pinedo. Pinedo recently advised the underwriters on Mesa Air Group’s IPO. Chicago-based Edward Best co-chairs the group and advised Goldman Sachs, as underwriter, on TD Ameritrade’s $1.4bn secondary offering. The team also secured a significant volume of cross-border deals over the past year, which included David Bakst advising the underwriters on a $208m offering of preferred shares by Brazil-headquartered Banco Inter. Phyllis Korff, who recently joined from Skadden, Arps, Slate, Meagher & Flom LLP, Jerry Marlatt and Chicago-based group co-lead Jon Van Gorp are also recommended. Named attorneys are based in New York, unless otherwise stated.

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Capital markets: global offerings

Within: Capital markets: global offerings

The ‘very solid and experienced group’ at Mayer Brown benefits from its ability to plug into an extensive global network, which spans offices throughout the Americas, Asia, Europe and the Middle East; its close association with Brazil-based Tauil & Chequer Advogados in association with Mayer Brown is another significant asset. Historically stronger on the debt side, where the group can leverage the wider firm’s premier structured finance expertise, it also has robust capability in equity capital markets, acting for both issuers and managers. Highlights included New York-based David Bakst advising Canada Pension Plan Investment Board on a $1.2bn offering of green bonds. In fact, Canada-related work generally is a sweet spot for the team, which now counts all of the country’s Big Five banks (RBC, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce) as clients. New York partners Anna Pinedo and Jerry Marlatt lead the firm’s relationship as designated underwriters’ counsel for the Bank of Nova Scotia, which recently involved advising the underwriters on a $2bn notes offering by the bank. On the equity front, Chicago-based Edward Best advised Goldman Sachs, as underwriter, on TD Ameritrade’s $1.4bn secondary offering.

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Capital markets: high-yield debt offerings

Within: Capital markets: high-yield debt offerings

The ‘solid and experienced group’ at Mayer Brown is most active on the issuer side, with notable strength in the financial services and energy and natural resources spheres. Edward Best, who co-chairs the practice from Chicago, is a key contact and recently advised Kirby Corporation on its $500m high-yield debt offering of senior notes. In another energy-related transaction, Houston-based William Heller assisted Halcón Resources with its $200m high-yield debt offering. Anna Pinedo and Jon Van Gorp also co-chair the department from New York and Chicago respectively.

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