McGuireWoods ranked No. 1 worldwide for deal count and No. 2 for proceeds
for advising lenders in syndicated loans through the first nine months of
2019, delivering another dominant performance in league tables published by
Refinitiv. The firm advised lenders on 185 deals valued at $174.6 billion
during the first three quarters of the year.
The firm ranked No. 2 for deal count and No. 4 in proceeds for representing
lenders in U.S. syndicated loans, with 133 deals valued at $120.6 billion.
McGuireWoods also ranked highly representing borrowers in syndicated loans,
placing No. 11 in deal count for U.S. transactions and No. 12 for worldwide
In addition, the firm earned top five rankings for representing lead banks
and borrowers in leveraged loans in league tables published by the market
intelligence service Debtwire. McGuireWoods ranked No. 3 for advising lead
banks in North America leveraged loans and M&A leveraged loans. The
firm was No. 2 for representing lead banks and No. 4 for advising borrowers
in U.S. middle market loans.
McGuireWoods also earned top five rankings for advising lead banks in
leveraged loans in the energy, healthcare, retail and technology sectors,
demonstrating the strength of the firm’s industry-focused approach to
Recent notable transactions include representing Bank of America in a $4
billion revolving credit facility for Netherlands-based Lyondellbasell
Industries N.V. and LYB Americas Finance; and Wells Fargo Securities LLC in
a $1.4 billion incremental term financing for Gray Television Inc., which
helped fund Gray’s purchase of Raycom Media Inc. The firm also advised
Teledyne Technologies Inc. as borrower in the company’s $750 million credit
“These rankings reflect the depth of our capabilities and the strong
relationships our team has built with our clients,” said
Raj Natarajan, chair of the firm’s debt finance practice.
McGuireWoods consistently ranks among the top 10 U.S. law firms for deal
count and dollar volume for representing lenders in syndicated debt
financings in Refinitiv’s rankings. The firm’s finance practice is one of
the largest in the United States. It represents each of the top 10 U.S.
banks ranked by assets and has handled domestic and cross-border
commitments exceeding $100 billion in each of the past eight years. U.S
News-Best Lawyers named McGuireWoods Law Firm of the Year for banking and
finance law in the 2020 edition of “Best Law Firms.”