White & Case wins “Law Firm of the Year” at Environmental Finance's Sustainable Debt Awards 2025

Global law firm White & Case LLP has been named "Law Firm of the Year" at Environmental Finance's Sustainable Debt Awards 2025. We also won the "Sustainability Bond of the Year – Sovereign" award for the Republic of El Salvador's debt-for-nature conversion.

The "Law Firm of the Year" award recognizes our work on this deal, along with several other matters, including the Republic of Côte d'Ivoire's US$2.6 billion sustainability and vanilla bonds and VERBUND's €500 million green bonds issuance.

On the Republic of El Salvador matter, the Firm advised the country on issuing US$1 billion 20-year impact notes and on the tender offer of a portion of its outstanding notes. The transaction is the world's largest debt-for-nature conversion focused on conservation.

"We are proud to be named 'Law Firm of the Year' by Environmental Finance and to have won the 'Sustainability Bond of the Year – Sovereign' award," said partner Olga Fedosova, who co-led several of the deals judged in the awards. "Last year, we delivered numerous landmark sustainability-linked deals, and this award—which follows our 'Best Law Firm' win at the Legal 500 UK ESG Awards—is a reflection of the legal innovation consistently shown by the Firm."

According to Environmental Finance, the Sustainable Debt Awards honor "the leading green, social, sustainable and sustainability-linked bond and loan deals and recognize market innovations."