We advise across the full spectrum of financial strategy – from capital allocation and rating narratives to liquidity optimisation, transformative events, and evolving governance or regulatory frameworks.
With a presence in all major financial hubs, the Capital Structure & Rating Advisory (CSRA) team combines local insight with deep sector expertise, giving clients access to integrated, cross-market perspectives that drive confident decision-making.
Corporates: capital clarity
Supporting corporates with timely sector and thematic insights to shape capital and rating strategies.
Financial strategy
Policy optimisation – Review capital allocation policy – What is the ‘right’ credit rating – Optimal funding structure
ESGstrategy – ESG transition strategy – Gap to best practice – Sector trajectory and funding gap
Helping clients manage ESG impact on investors, financial choices and long-term planning.
Thematic
Technology costs, return profiles, and investment/divestment triggers for fossil fuel, transition (e.g. CC&S, Electric Arc Furnaces), and green assets.
Implications of climate policies (e.g. CBAM, SAF) for capital structure, trade flows, and low-carbon investments.
Valuation impacts of data breaches and other ESG controversies through balance sheet resiliency and investor confidence.
Bespoke impact
Funding requirements, balance sheet preparedness, and financial policy optimization for transition planning.
ESG rating importance, diagnostics, and improvement strategies for key agencies (e.g. MSCI, Sustainalytics).
ESG rating agency selection & execution support for debt issuance & investor communication strategies.
Strategic decarbonisation actions, focusing on hard to abate sectors.
Solutions
Supporting client’s finance Energy Transition projects globally.
Capabilities include M&A and Project Finance, focusing on the developing sectors of Carbon Capture and Storage, EV Battery end-to-end value chain, low carbon fuels (including Sustainable Aviation Fuel), and Critical Minerals.
Perspectives from our Capital Advisory specialists
Explore insights from macro trends to sector-specific analyses and draw on the depth of our strategic expertise.
Annual CSRA report
Capital Structure & Rating Advisory Annual Insights 2026
Explore how global corporates are moving from caution to selective deployment in 2026 – balancing growth ambitions with financial discipline.
Perspectives and highlights from our client dialogue and roundtable events
Roundtable
Beyond survival – rethinking Capital Structure resilience in the transportation and logistics industry
This cocktail roundtable was held for our Transportation & Logistics clients, hosted by Jonathan Cher who was joined by Shoaib Yaqub and Clifford Kurz, to share their timely and thought provoking insights.
The discussion focused on capital allocation strategy, covering topics such as:
Recalibrating capital strategies amid political and market uncertainty
Building balance sheets resilience through the cycle
Unlocking capital structure efficiencies to enable agility, innovation, and growth
Achieved stronger-than-expected rating outcomes for transport and energy clients by leveraging sovereign support and deep knowledge of agency criteria.
Delivered end-to-end capital structure mandates for telecoms and metals & mining companies, shaping dividend policy and funding strategy.
Leveraged our proprietary liquidity framework to support clients across oil and gas and metals and mining recalibrate liquidity strategy tied to re-financings.
Recalibrated capital structure and liquidity strategy for a number of global airlines, aligning allocation to long-term shareholder returns.
Advised a global leader in Offshore & Marine engineering on defining long term optimal capital structure and capital allocation following a transformative merger.
Advised a petrochemical company on structural elements of their debut international hybrid capital issuance to achieve an unprecedented uplift in rating outcome.
Advised multiple sovereigns achieve rating upgrades, structure liability management and position effectively with global investors.
Supported one of the world’s largest sovereign wealth funds in achieving debut credit ratings, securing the highest possible outcome and enabling inaugural debt issuance.
Advised leading Indian non-bank financial institutions (NBFIs) on securing successful debut international ratings, strengthening access to global debt markets.
Successfully positioned a local Asian Bank on its debut credit rating process to achieve +1 notch higher outcome, paving the way for a strong inaugural international issuance.
