Bech-Bruun’s capital markets practice advises clients across the financial, logistics and shipping sectors, with deep regulatory insight. The team has a strong record in standalone DCM mandates and major cross-border ECM transactions. Practice heads Thomas Thordal Sevelsted and David Moalem are key figures, alongside Emil Steenberg, who specialises in ECM and public M&A.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Testimonials
Collated independently by Legal 500 research team.
- ‘David Moalem is a highly accomplished legal professional known for delivering strategic, business-focused advice across complex and high-stakes matters. With deep expertise spanning capital market compliance, he combines technical precision with commercial acumen, consistently aligning legal solutions with broader business objectives.'
- ‘Thomas Thordal Sevelsted stands out in the capital markets space for his calm authority, precision and deep transactional insight. He combines a thorough command of Danish and cross-border securities law with a pragmatic, market-oriented approach that makes execution smooth and efficient. Thomas is particularly skilled at navigating the intersection between financing and capital markets structures — bridging complex regulatory requirements with commercial objectives.'
- ‘The team is highly customer-oriented with quick deliveries in tight processes and under hard deadlines. Further, the team delivers high-quality legal counsel from senior and junior staff on projects. Lastly, the team also has a great commercial understanding of the aspects entailed in negotiations. ’
- ‘David Moalem is a star. Spot-on advice.’
- ‘Extensive market knowledge and strong legal abilities within all legal subjects relevant to providing advice on capital markets issues.’
- 'Emil Steenberg stands out for being proactive, commercial and highly reliable. He is always well-prepared, in control of details, and not afraid to challenge constructively to secure the best outcome.’
Key clients
- ALK-Abelló
- Ambu
- Barclays
- Better Collective
- BNP Paribas
- Coloplast
- DSV
- H. Lundbeck
- JP Morgan
- Jyske Bank
- Rockwool
- Royal Unibrew
- Alm. Brand
- Danske Bank
- Demant
- Lind Invest
- Nordea
- Nordfyns Bank
- Nykredit Bank
- SEB
Work highlights
Advising SGL Group ApS concerning its EUR 625 million issuance of new bonds to obtain funds for financing, among others, a partial redemption and buyback of existing bonds and for general corporate purposes.
Advised Lind Invest as a member of the winning consortium in SAS AB’s exit financing solicitation process comprising a total investment in the reorganised SAS corresponding to USD 1.2 billion, including USD 475 million in new unlisted equity (following a de-listing of SAS AB, incl. cancellation and redemption of all common shares and listed commercial hybrid bonds) and USD 725 million in secured convertible debt.
Advised ATP on its acquisition of the majority stake in Copenhagen Airports from Ontario Teachers’ Pension Plan and subsequent USD 4.5 billion divestment of all its shares in Copenhagen Airports to the Danish State.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Thomas Thordal Sevelsted; David Moalem
Other key lawyers
Emil Steenberg; Esben Moesgaard Ludvigsen; Kristoffer Probst Larsen