Debt capital markets

You spend a summer in a capital markets team, helping companies, banks and governments raise money from investors by selling bonds, loans or shares.

Global Capital Markets sits between the bankers who own client relationships and the traders who sell deals to investors. It has four parts. Debt capital markets arranges bonds and loans. Equity capital markets runs share sales such as stock market listings and rights issues. Leveraged finance arranges debt for riskier borrowers, often to pay for a private equity buyout. The Sustainable Solutions Group advises on how sustainability affects financing. You state a preference and are placed in one of the four teams.