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Recognition

Latham Banking & Private Credit Practice Leads Q3 2025 League Tables

November 10, 2025
Debtwire, Bloomberg, LSEG, KBRA, Octus
The firm tops Q3 syndicated and leveraged loans league tables in Debtwire, Bloomberg, and LSEG, as well as private credit rankings in KBRA and Octus.

Latham & Watkins once again topped the Q3 2025 banking legal advisor league tables across global, US, and European syndicated and leveraged loan categories, underscoring our strength advising both lenders and borrowers. The team secured #1 positions in combined mandates and lender-side rankings across key markets.

In North America, Latham ranked #1 by combined borrower and lender deal count according to Debtwire. In Western Europe, the firm led by combined deal count and value and took the top spot for Lead Bank and Sponsor-Backed Lead Bank counsel by both deal count and value (Debtwire). Bloomberg and LSEG likewise ranked Latham #1 globally and in the US across loans and syndicated lending by deal count — including combined, borrower, and lender roles.

Latham also dominated the H1 2025 private credit league tables across key US and EMEA categories, standing out as the market-leading firm serving both investment banks and private credit providers — at the center of the financing ecosystem, delivering excellence across products.

Highlights of Latham’s Q3 syndicated and leveraged finance top rankings include:

Debtwire:

  • #1 North America Leveraged Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 Western Europe Leveraged Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 Western Europe Leveraged Loans: Combined Borrower and Lender Representation by Deal Value
  • #1 Western Europe Leveraged Loans: Lead Bank Representation by Deal Count
  • #1 Western Europe Leveraged Loans: Lead Bank Representation by Deal Value
  • #1 Western Europe Sponsor-Backed Leveraged Loans: Lead Bank Representation by Deal Count
  • #1 Western Europe Sponsor-Backed Leveraged Loans: Lead Bank Representation by Deal Value

Bloomberg:

  • #1 Global Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 US Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 US Leveraged Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 Europe Leveraged Finance: Combined Borrower and Lender Representation by Deal Count
  • #1 Europe Leveraged Finance: Lender Representation by Deal Count

LSEG:

  • #1 Global Syndicated Loans: Borrower Representation by Deal Count
  • #1 Global Syndicated Loans: Lender Representation by Deal Count
  • #1 Global Syndicated Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 Global Syndicated Loans: Combined Borrower and Lender Representation by Deal Value
  • #1 US Syndicated Loans: Combined Borrower and Lender Representation by Deal Count
  • #1 US Syndicated Loans: Lender Legal Advisor by Deal Count

According to Octus, Latham “dominated the legal advisor league tables for the first half of 2025” for direct lending deals. Highlights include:

KBRA Direct Lending Deals:

  • #1 US Direct Lending Lender Counsel by Deal Count
  • #1 EMEA Direct Lending Buyside Counsel by Deal Count

Octus:

  • #1 US Direct Lending Legal Advisor: Total Engagements
  • #1 US Direct Lending Legal Advisor: Lender Engagements
  • #1 US Middle Market Legal Advisor: Total Engagements
  • #1 US Middle Market Legal Advisor: Lender Engagements
  • #1 US Large Cap Legal Advisor: Total Engagements
  • #1 US M&A Legal Advisor: Total Engagements

Endnotes