TI, CaixaBank bring back mandatories with a bang
Mandatory structures have moved powerfully back on to the European equity-linked menu with nearly €2bn of high-profile new issues in a week, writes Nina Flitman. On the heels of Telecom Italia’s jumbo mandatory convertible, CaixaBank delivered Europe’s first mandatory exchangeable since the financial crisis.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts