Latest EMEA Equity-Linked news

  • CLSA, BOCI reshuffle top ECM syndicate ranks

    Citic CLSA Securities has brought in Steve Lam to helm its equity syndicate team, while also naming Nathan McMurtray to lead its charge into the equity-linked market.

    • 25 Jul 2017
  • Singha Estate sells $230m CB, block combo

    Thai property developer Singha Estate raised $229m on Wednesday from its first visit to the equity capital market, tapping international and domestic investors with a convertible bond and share placement combo.

    • 13 Jul 2017
  • Asia ECM ends first half on bullish note

    Equity issuance in Asia is up nearly 20% this year, buoyed by a surge in block trades and rising share prices. As 2017 passes the halfway mark with what some believe to be the best conditions for the primary equity market in years — as well as a crowded pipeline — bankers are looking to make the most of the second half. John Loh reports.

    • 13 Jul 2017
  • 3SBio moves on Europe expansion plan with €300m CB

    Chinese biopharmaceutical firm 3SBio has taken a step towards boosting its presence in Europe by printing its debut convertible bond, raising €300m in a rare appearance in the currency from an Asian issuer.

    • 13 Jul 2017
  • Korian enters CB market with funky hybrid

    Korian, the French group that provides care homes for the elderly, on Wednesday became one of the very few companies to have issued a convertible bond structured to gain equity credit under IFRS.

    • 28 Jun 2017
  • STMicro gets $1.5bn with ‘fairly priced’ CB as market revives

    The spate of equity linked issuance since the market reopened in mid-May quickened on Thursday with the launch of the largest “real CB” in EMEA for more than two years: a $1.5bn deal for STMicroelectronics, one of the region’s most prolific issuers.

    • 22 Jun 2017
  • Orange uses bond, block to shed 2.6% of BT

    Orange, the French telecoms company, sold a third of its stake in UK peer BT Group on Monday night through a block trade and used another third to back an exchangeable bond in an attempt to “take a balanced approach when reducing its exposure”, a banker on the deal said.

    • 20 Jun 2017
  • Symrise, Orpar, Astaldi ride wave of equity-linked demand

    The revival of equity-linked issuance in Europe continued this week with three deals, all of the kind investors are looking for: from smaller companies with higher credit spreads and interesting equity stories.

    • 15 Jun 2017
  • Bayer offloads €2bn of Covestro via block, CB

    Bayer monetised a large stake in Covestro, the plastics company it span off in 2015, on Tuesday night through a simultaneous block trade and exchangeable bond worth a total of €2bn, which were both covered in an hour by more than 100 investors each.

    • 07 Jun 2017
  • MS, CS promote from within for senior Oz roles

    Morgan Stanley has given two senior bankers in Australia new roles as head of ECM and head of fixed income capital markets, according to an internal memo seen by GlobalCapital Asia.

    • 31 May 2017

Equity-Linked news archive

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Citi 253,106.92 930 8.89%
2 JPMorgan 230,914.50 1036 8.11%
3 Bank of America Merrill Lynch 221,389.46 762 7.78%
4 Goldman Sachs 171,499.26 554 6.03%
5 Barclays 169,046.60 646 5.94%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 HSBC 27,039.93 106 7.36%
2 Deutsche Bank 25,125.19 81 6.84%
3 Bank of America Merrill Lynch 23,128.33 61 6.29%
4 BNP Paribas 19,315.94 110 5.26%
5 Credit Agricole CIB 18,706.93 106 5.09%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 25 Jul 2017
1 JPMorgan 13,488.13 59 8.47%
2 Citi 11,496.21 73 7.22%
3 UBS 11,302.86 45 7.09%
4 Morgan Stanley 10,864.95 59 6.82%
5 Goldman Sachs 10,434.21 54 6.55%