Davis Polk's preeminence as an investment-grade debt adviser is aided by our long-standing relationships with some of the biggest debt issuers in the world. We are designated underwriters' counsel for some of the most prolific debt issuers in the United States, including GE Capital Corporation, GMAC and Morgan Stanley. The size of our investment-grade debt practice has helped keep us on the field's leading edge, with experience in new types of issues and novel and complex debt products.