McGuireWoods, one of the world’s pre-eminent banking and finance law firms, ranked No. 3 worldwide for advising lenders in syndicated loans in 2020, remaining a dominant force in authoritative league tables published by Refinitiv.
The firm advised lenders on 182 global deals valued at $143.4 billion to rank third in deal count and fourth in proceeds in the year-end league tables. The firm also ranked third in deal count and sixth in proceeds for representing lenders in U.S. syndicated loans, with 137 deals valued at $96.2 billion.
For 10 consecutive years, McGuireWoods has ranked among the top 10 U.S. law firms for deal count and dollar volume in lending league tables published by Refinitiv and its predecessor, the financial and risk business of Thomson Reuters. In nine of those years, the firm has finished among the top five in deal count.
The firm’s notable 2020 transactions include representing Bank of America in a $7 billion revolving credit facility for the Chicago Mercantile Exchange and a $1 billion term loan facility for Jacobs Engineering Group and Jacobs UK. The firm also advised Wells Fargo Bank, N.A., as administrative agent in a $4 billion credit facility for BlackRock.
McGuireWoods’ finance practice is one of the largest in the United States. The firm represents leading financial services institutions, including the top 10 U.S. banks ranked by assets. Law360 named McGuireWoods a “Banking Practice Group of the Year” for 2020, the second time in three years the legal news service has recognized the firm for excellence in representing financial services institutions in litigation, transactional and regulatory matters.
“In a challenging year, our lawyers stepped up to deliver another strong performance for our clients,” said Raj Natarajan, chair of McGuireWoods’ Debt Finance Department. “We are proud of our reputation as a market leader providing innovative and comprehensive solutions to our banking and finance clients and look forward to helping our clients thrive in 2021.”