Volatility strikes again as Konkola postpones

Konkola Resources bowed to the eurozone debt crisis and on Tuesday postponed its planned $1.1bn plus London IPO after two weeks’ pre-marketing but before formally launching the deal. India’s Vedanta Resources was planning to sell a stake in the business through a Goldman Sachs and JPMorgan-led sale.

  • 30 Nov 2010

The company cited “year-end approaching and the current stock market volatility,” and said it would pursue the listing in 2011.

“Everyone always cites market conditions but in the eurozone and Korea siutations, market conditions did get materially worse,” said one banker familiar with the deal. “It’s a high quality ...

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All International Bonds

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3 Bank of America Merrill Lynch 288,640.84 1039 7.24%
4 Barclays 284,272.60 939 7.13%
5 HSBC 241,990.66 994 6.07%

Bookrunners of All Syndicated Loans EMEA

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1 JPMorgan 41,457.25 68 7.46%
2 HSBC 35,073.34 130 6.31%
3 BNP Paribas 33,854.75 157 6.09%
4 UniCredit 33,033.86 153 5.94%
5 ING 23,664.97 130 4.26%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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  • 29 Nov 2016
1 JPMorgan 17,674.88 93 10.70%
2 Goldman Sachs 14,180.33 72 8.59%
3 Bank of America Merrill Lynch 11,109.11 48 6.73%
4 Morgan Stanley 10,679.86 56 6.47%
5 UBS 9,841.05 49 5.96%