London Capital Markets ECM and DCM Execution Handbook

Capital markets transactions sit at the intersection of business, law, and the financial markets.

Most deals executed by London-based teams engage securities laws and regulatory regimes across multiple jurisdictions, principally the UK and U.S., whilst relying on numerous market practices that have developed over time. For in-house legal and treasury teams, navigating this landscape alongside a full working group of advisers, banks, and regulators demands both a command of the detail and a clear view of the broader transaction.

The London Capital Markets ECM and DCM Execution Handbook, authored by Cleary’s London Capital Markets team, summarizes key issues and workstreams that commonly arise in equity and debt capital markets transactions. Each chapter sets out the principal considerations, practical guidance, and FAQs relevant to live deal situations. Areas where different processes interact or overlap are also flagged and discussed.

This handbook is intended for use across the transaction working group, serving as a practical reference for issuers and selling shareholders and sponsors, financial advisers, and underwriting banks (including bankers and in-house legal teams).

If you have any questions about the topics covered, please contact the authors below.

Access the full handbook or choose a topic to begin with: