7 May 2008 - French break into the premier league of European capital markets beating all UK rivals:

For the first time Gide Loyrette Nouel has been ranked in the top three of legal advisers in Europe for international debt, investment grade corporate debt and international securitisations. Gide was ranked ahead of all the UK global law firms as adviser to issuers, including Allen & Overy, Clifford Chance and Linklaters. 

According to the latest Thomson Reuters tables of Legal Adviser to Issuers, in the first quarter of 2008 Gide Loyrette Nouel is ranked: 
 

	2nd by number of issues for International Debt and Investment Grade Corporate Debt.

	3rd by deal size (i.e. total proceeds in US$) for International Securitisations (ex. CDO's), International Debt and Investment Grade Corporate Debt.

 
Gide Loyrette Nouel - with 21 offices worldwide including London and New York - completed US$28.3 billion of debt primary offerings for issuers and managers in the first quarter of 2008. 83% of these offerings were undertaken by Gide’s London capital markets team, led by partner Scott P.F. Cameron.  

Gide’s ranking in International Securitisation was boosted by closing the €800 million whole business securitisation for the Fraikin Group (“Fraikin”), Europe’s leading truck leasing and fleet management company. Fraikin was the first monoline securitisation since the credit crunch hit in August 2007. Prior to then monoline wraps were a near universal feature of such complex deals. Following the credit crunch, as banks lost confidence in monoline insurers, there was a collapse in the market. To counter this Gide introduced novel contractual and tax structuring features. The bonds have been rated AAA/Aaa. Gide’s team was led from London by partners Patrice Doat and Colin Mercer.

Scott Cameron, partner of Gide Loyrette Nouel London, said:  
"We were very pleased with our performance, especially as this has been one of the most difficult quarters the credit markets have experienced in 30 years.  We are looking forward to working with our global client base, and our 21 international offices, to continue developing innovative debt, equity and hybrid products to ensure a steady pipeline of funding is available from the international capital markets."