Continental European firms make progress in race to recapitalise

Aidan Gregory

April 23, 2020 05:00 pm

Paris_Bourse__PA_575_375 — A view of the Palais Brongniart, the historical Paris Stock Exchange headquarters on Place de la Bourse square in Paris, France on August 10, 2011. The Paris Stock Exchange is now known as the NYSE Euronext (NYX) with the merger of equals between the leading U.S. and pan-European securities trading exchanges, the holding company of the New York Stock Exchange and Euronext N.V., the Paris-based first European integrated stock exchange that was formed in September 2000 by the merger of the Paris, Brussels, and Amsterdam exchanges. Photo by Alain Apaydin/ABACAPRESS.COM | Apaydin Alain/ABACA/PA Images

Fundraising by continental European companies in response to Covid-19 has lagged behind those in the UK, which have raised more than £3bn since mid-March, but it is beginning to gather steam, with several large capital raises this week, including sales of new shares and convertible bonds by Just Eat Takeaway.com, the online food ordering marketplace, and Dufry, the Swiss operator of duty free concessions.

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Health and Biotech Equity ABBs-Block Trades Europe EMEA SRI Equity-Linked

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Aidan Gregory