The American Lawyer Global Finance Deals of the Year feature capital markets offerings and capital restructurings, as well as infrastructure projects that were conceived on a vast scale. The awards for 2012 have a heavy public flavor, with honors extended to Italy’s issuance of new bonds (led by Allen & Overy), Greece’s restructuring of old bonds (led by Cleary, Gottlieb, Steen & Hamilton), and the serial bailouts organized by the Euro Stability Mechanism (with strategic advice provided by Clifford Chance). A pair of $20 billion projects (Australia’s Ichthys and Saudi Arabia’s Sadara) benefited from both public and private funds worldwide—with no fewer than eight export agencies throwing Ichthys a line.