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Equity

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More ECM stories

Equity-linked

  • Haniel sells Metro stock with block/exchangeable

    Haniel achieved on Wednesday evening a combined sale of Metro shares and notes exchangeable into Metro shares, in an overnight deal that totalled just under €1bn and tapped heavily into Europe’s increasing trend toward negative yields.

    • 07 May 2015
  • TPK ends CB drought, but investors still selective

    Taiwan’s TPK Holding raised $384m from a simultaneous convertible bond and placement of shares, this week, bringing welcome relief to the equity-linked drought in Asia ex-Japan. The overwhelming investor response and solid aftermarket performance proved there is a hunger for paper, writes Rashmi Kumar. But the market is only open for the right names at the right terms, bankers warned.

    • 01 Apr 2015
  • Camden market company issues £112m convertible soon after IPO

    Market Tech Holdings, the company that owns London’s Camden Markets and floated for £100m on Aim in December, raised £112.5m to finance recent acquisitions on Tuesday, with a convertible bond.

    • 24 Mar 2015
  • Aabar gets delayed conversion on UniCredit exchangeable bond

    Aabar Investments, the Abu Dhabi investment group, raised €2bn with its second exchangeable bond on Tuesday, to repay a €1.25bn exchangeable into Daimler shares it issued in 2011.

    • 24 Mar 2015

IPOs and rights issues

  • Evidence casts doubt on OW Bunker IPO preparation

    The sudden bankruptcy of OW Bunker, the world’s largest shipping fuel supplier and Denmark’s third largest company by sales, in November last year shocked the equity capital markets.

    • 27 Mar 2015
  • New IPOs and blocks emerge after UK election, but failed deals mount

    After a lull in UK IPO activity ahead of the general election, prospective issuers are making themselves known again. Companies seeking to float are taking advantage of the surprise outcome of last week’s vote, in which the Conservative Party won an outright victory, scotching fears of weeks of political uncertainty.

    • 13 May 2015
  • Cofinimmo completes rights issue, Monte dei Paschi coming

    Cofinimmo, the Belgian property company, has made a return to equity capital markets after a two year hiatus, raising €285.4m ($320m) via a one-for-six rights issue.

    • 11 May 2015
  • Integrated Diagnostics’ IPO was 12 times oversubscribed

    Egypt’s Integrated Diagnostics Holdings rose 26% on Wednesday, its first day of trading in London, and has risen a further 11% since then, after the firm priced its massively popular rebooted IPO.

    • 08 May 2015

More Asia ECM stories

Block trades

People and market news

  • UniCredit fills head of ECM spot with Morgan Stanley banker

    UniCredit has appointed a global head of equity capital markets, filling a position that has been vacant since Christian Steffens moved internally to become head of financial institutions group last February.

    • 11 May 2015
  • Rupert Hume-Kendall, equities big hitter and innovator, to leave BAML

    Rupert Hume-Kendall, one of the dominant equity capital markets bankers in Europe during the years 2000 to 2008, is to retire from Bank of America Merrill Lynch at the end of September.

    • 23 Apr 2015
  • DB’s Kell to rejoin BAML as chair of international ECM

    Neil Kell is rejoining Bank of America Merrill Lynch in the newly created role of chairman of international equity capital markets, following his recent resignation from Deutsche Bank.

    • 01 Apr 2015
  • BAML transfers Zaman to head Asia ECM syndicate

    Bank of America Merrill Lynch has filled its top ECM syndicate role in Asia Pacific by moving Akram Zaman to Hong Kong from New York, sources said.

    • 05 May 2015
  • US banks pay better bonuses

    Data from salary benchmarking site Emolument.com shows US investment banks continue to pay better bonuses than UK, European or Swiss banks, with Swiss houses in particular hit hard by the wild currency movement following the abandonment of the Swiss franc's peg to the euro.

    • 01 Apr 2015
  • Afme appoints new chair to its ECM board

    The Association for Financial Markets in Europe has appointed a new chair to lead the board of its equity capital markets division.

    • 31 Mar 2015

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 04 May 2015
1 JPMorgan 132,246.16 466 8.23%
2 Barclays 121,205.54 385 7.54%
3 Citi 119,844.04 442 7.46%
4 Bank of America Merrill Lynch 112,710.02 398 7.01%
5 Deutsche Bank 102,482.68 424 6.38%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 JPMorgan 17,536.22 31 8.15%
2 Deutsche Bank 13,908.31 50 6.47%
3 BNP Paribas 11,126.04 65 5.17%
4 HSBC 10,623.80 56 4.94%
5 Credit Agricole CIB 10,593.99 45 4.93%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 May 2015
1 Goldman Sachs 12,065.18 35 10.48%
2 UBS 11,703.26 31 10.17%
3 Bank of America Merrill Lynch 11,440.58 42 9.94%
4 Deutsche Bank 9,063.07 38 7.87%
5 Morgan Stanley 8,404.86 40 7.30%