New York (February 10, 2016) – Morrison & Foerster has been named Best Law Firm For Private Placements by GlobalCapital at its Syndicated Loan, Leveraged Finance and Private Placement Awards 2016. This is the first year in the 13-year history of the awards that there has been a private placement sector award, reflecting the growing importance of the cross-border private placement market.
Morrison & Foerster was recognized for its expertise in the private placement market, as well as its innovative solutions to its clients’ financing needs. The firm’s U.S. and English-qualified lawyers advise clients on the private issuance of debt and equity securities to the well developed U.S. and European private placement markets. The firm represents issuers across a variety of industries throughout Europe, Canada, South Africa, Latin America, Asia, Australia and New Zealand. The group also represents clients in the United States in connection with U.S.-domestic private placement issuance. In the United States, the firm’s lawyers regularly advise issuers, placement agents and investors in connection with private placements of equity, debt and hybrid securities. Private placements may be the first step for a venture capital or entrepreneurial client, or an alternative for a well-established issuer needing to raise capital when the public equity markets are unavailable.
“We’re pleased to be recognized by GlobalCapital for our work in this increasingly important area of the capital markets,” said Morrison & Foerster's James Tanenbaum, who heads the firm’s capital markets practice.
GlobalCapital is a leading news, opinion and data service for people and institutions using and working in the international capital markets. It provides customers with clearly voiced, lively coverage of key markets based on the comments of those who work in them, together with a wealth of transaction data and archive material. The awards were based on information collected by the publication from institutional investors, borrowers, service providers, and private equity houses.