The legal adviser league tables are designed to reflect law firms' activity in the primary EM Eurobond market in terms of number of issues where a law firm has acted as a legal adviser to the issuer or a legal adviser to the arrangers as to international and local law. Only legal advisers to the actual borrower are recognized in the league table as legal advisers to the issuer. Legal advisers to the bookrunners, lead managers and initial purchasers are considered as legal advisers to the arrangers.
The league tables take into account EM Plain Vanilla Eurobond issues placed in 2019. Plain Vanilla Eurobonds include only market issues sold to a wide range of investors and exclude euro-commercial papers (ECP), credit linked notes (CLN), securitization, convertible bonds and structured products.