Equity-linked displays versatility

October 21, 2009 12:00 am

The versatility of the equity-linked market is on display with issuance across all countries and sectors this week. Recruiter Adecco priced a Eu593m convertible bond on Tuesday while gaming company Lottomatica raised Eu350m in an exchangeable through UBI Banca. Pharmaceutical company Celesio’s Eu305m convert was covered more than 10 times. Is equity-linked issuance reaching its peak? Turn to EuroWeek on Friday.

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