King & Spalding‘s capital markets team advises clients on a range of capital-raising transactions, including private placements, Rule 144A offerings, and convertible debt offerings. The group is led by Keith Townsend and Elizabeth Morgan, based in Atlanta and New York respectively, who represent public and private companies across a number of sectors, including energy, real estate, and retail. Also leading the practice out of Atlanta is Cal Smith. Other key names active in the practice are Houston’s Jonathan Newton and Trevor Pinkerton, Zachary Davis from Atlanta, and Kevin Manz in New York. Daniel Nam joined the team in March 2026.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The K&S team brings a combination of expertise and practical advice that is appreciated by in-house counsel.'
  • 'Keith Townsend and Zach Davis are strong lawyers and practical thinkers. They've expanded their experience, and maintained a business focus through deals. A pleasure to work with'

Key clients

  • Chord Energy
  • Evolent Health, Inc.
  • Colonial Enterprises, Inc.
  • Curbline Properties Corp.
  • Cousins Properties, Inc.
  • United Parcel Service, Inc.
  • General Motors
  • JW Aluminum Company
  • Sysco Corporation
  • ConocoPhillips
  • Magnera Corporation

Work highlights

Advised Sysco Corporation on a $1.25 billion senior notes offering.
Advised ConocoPhillips on a $5.2 billion registered notes offering, $4 billion cash tender offer and $4 billion private exchange offer.
Advised General Motors Company on a $2 billion senior notes offering.
Practice head

Keith Townsend; Elizabeth Morgan; Cal Smith

Other key lawyers

Jonathan Newton; Trevor Pinkerton; Zachary Davis; Kevin Manz; Daniel Nam