For 2015, GlobalCapital relaunched its Equity Capital Markets Awards, in an expanded and improved form.
Following a consultation with leading ECM banks, we held a poll of market participants in January-February to determine our Deals of the Year and Best Non-Bank Market Participants.
Concurrently, we used editorial judgement and research to choose our Best Banks.
The results were revealed at our Awards Dinner, held at the Banking Hall on March 16. The event attracted about 150 people including many issuers and investors. Photographs will be published in GlobalCapital this week.
The winners and nominees for each Award are below. GlobalCapital thanks all who voted in our poll, all who supported the relaunch of our Awards with their advice, who presented their credentials to us for the Best Bank Awards, and who came to the Dinner.
We congratulate all the winners and nominees.
BEST NON-BANK MARKET PARTICIPANTS
Best Equity Capital Markets Adviser
1. Rothschild
2. Lazard
3. STJ Advisors
Best Law Firm for Equity Capital Markets
1. Clifford Chance
2. Linklaters
3. Freshfields
Best Private Equity Firm at Using the Equity Capital Markets
1. Bain Capital
2.= 3i, Apax
4. Advent
Most Influential Long-Only Equity Investor
1. BlackRock
2. Fidelity
3.= Wellington, Capital Group
Most Influential Hedge Fund Equity Investor
1. Marshall Wace
2. Och-Ziff
3. Pelham
DEALS OF THE YEAR - THEMATIC
Equity Capital Markets Deal of the Year
Santander
€7.5bn accelerated capital raising
8 January 2015
Goldman Sachs, UBS (bookrunners)
2. Worldpay IPO
3. Aena IPO
IPO of the Year
Worldpay
£2.48bn IPO
16 October 2015
Bank of America Merrill Lynch, Goldman Sachs, Morgan Stanley (global coordinators)
Barclays, Credit Suisse, UBS (bookrunners)
2. Aena
3. ABN Amro
Equity Block Trade of the Year
Royal Bank of Scotland
£2.08bn accelerated sale by UKFI
3 August 2015
Citigroup, Goldman Sachs, Morgan Stanley, UBS (bookrunners)
2. Santander
3.= Dassault Aviation, Enel
Equity-Linked Bond Deal of the Year
Telecom Italia
€2bn seven year convertible bond
19-20 March 2015
BNP Paribas, JP Morgan (global coordinators)
Barclays, Citigroup, Credit Suisse, UniCredit (bookrunners)
2. América Móvil €3bn exchangeable into KPN
3.= Steinhoff, National Grid
Privatisation of the Year
Aena
€4.26bn IPO
11 February 2015
Bank of America Merrill Lynch, BBVA, Goldman Sachs, Morgan Stanley, Santander (global coordinators)
HSBC, JP Morgan (bookrunners)
2. Poste Italiane
3. ABN Amro
IPO of the Year under $300m
Softcat
£176m IPO
18 November 2015
Credit Suisse, Jefferies (global coordinators)
2. The Gym Group
3. Collector
Technology or Biotech IPO of the Year
Scout24
€1.02bn IPO
1 October 2015
Credit Suisse, Goldman Sachs (global coordinators)
Barclays, Jefferies, Morgan Stanley (bookrunners)
2. Auto Trader
3. Worldpay
Financial Institution Equity Deal of the Year
ABN Amro
€3.84bn IPO
20 November 2015
ABN Amro, Deutsche Bank, Morgan Stanley (global coordinators)
Barclays, Citigroup, Rabobank, ING, JP Morgan, Bank of America Merrill Lynch (bookrunners)
2. Santander ABB
3. Credit Suisse rights issue
Best Equity Capital Raising by a Listed Company
Credit Suisse
Sfr6bn private capital increase and rights issue
October-December 2015
Credit Suisse (global coordinator)
Citigroup, HSBC, Société Générale (original underwriters)
Banca Imi, BBVA, BNP Paribas, Commerzbank, Deutsche Bank, ING, Natixis, RBC Capital Markets, Santander, UniCredit, Wells Fargo (bookrunners)
2.= Glencore capital raising, Standard Chartered rights issue
Most Innovative ECM Deal
Schaeffler
€896m IPO
9 October 2015
Deutsche Bank, Citigroup (global coordinators)
Bank of America Merrill Lynch, HSBC (bookrunners)
2. Lloyds dribble-out
3. Haniel disposal of Metro shares via exchangeable bond and ABB
Structured Equity Deal of the Year
Worldpay
£500m at-IPO margin loan for Bain Capital and Advent International
October 2015
Bank of America Merrill Lynch, Barclays, Goldman Sachs, Morgan Stanley
2. $1.6bn funded collar for Liberty Global on ITV stake (Goldman Sachs)
3. $1bn funded collar for Next LP on Altice stock
(Goldman Sachs)
DEALS OF THE YEAR - BY REGION
ECM Deal of the Year in the UK and Ireland
Auto Trader
£1.59bn IPO
19 March 2015
Deutsche Bank, Bank of America Merrill Lynch (global coordinators)
JP Morgan, Morgan Stanley (bookrunners)
2.= Worldpay IPO, Royal Bank of Scotland ABB
4. Standard Chartered rights issue
ECM Deal of the Year in Germany, Austria and Switzerland
Covestro
€1.5bn IPO
2 October 2015
Deutsche Bank, Morgan Stanley (global coordinators)
Bank of America Merrill Lynch, Citigroup, Credit Suisse, JP Morgan, UBS (bookrunners)
2. Scout24 IPO
3. Credit Suisse rights issue
ECM Deal of the Year in France
Amundi
€1.67bn IPO
11 November 2015
Crédit Agricole, Goldman Sachs, JP Morgan, Morgan Stanley, Société Générale (global coordinators)
Bank of America Merrill Lynch, Citigroup, Deutsche Bank, UBS
2. Dassault Aviation ABB
3.= Elis IPO, Klépierre ABB, Showroomprive IPO
ECM Deal of the Year in the Benelux
ABN Amro
€3.84bn IPO
20 November 2015
ABN Amro, Deutsche Bank, Morgan Stanley (global coordinators)
Barclays, Citigroup, Rabobank, ING, JP Morgan, Bank of America Merrill Lynch (bookrunners)
2. GrandVision IPO
3. Altice ABB
ECM Deal of the Year in Italy
Poste Italiane
€3.11bn IPO
23 October 2015
Banca Imi, Bank of America Merrill Lynch, Citigroup, Mediobanca, UniCredit (global coordinators)
Credit Suisse, Goldman Sachs, JP Morgan, Morgan Stanley, UBS (bookrunners)
2. Inwit IPO
3. Telecom Italia convertible bond
ECM Deal of the Year in Iberia
Santander
€7.5bn accelerated capital raising
8 January 2015
Goldman Sachs, UBS (bookrunners)
2. Aena IPO
3.= OHL rights issue, Cellnex IPO
ECM Deal of the Year in the Nordic Region
Pandox
Skr6.36bn IPO
18 June 2015
ABG Sundal Collier (global coordinator)
Handelsbanken Capital Markets, Morgan Stanley (bookrunners)
2.= Dometic IPO, Kone ABB
ECM Deal of the Year in Greece, CEE, Russia and the CIS
Eurobank
€2.04bn share capital increase
18 November 2015
Bank of America Merrill Lynch, HSBC, Mediobanca (global coordinators)
Axia Capital Partners, Barclays, BNP Paribas, Eurobank, Nomura (bookrunners)
2. Alpha Bank capital increase
3. Piraeus Bank capital increase
ECM Deal of the Year in Turkey, the Middle East and Africa
Naspers
$2.5bn accelerated capital raising
3-4 December 2015
Citigroup, Morgan Stanley (bookrunners)
2. Aabar Investments exchangeable bond into UniCredit
3. Integrated Diagnostics Holdings IPO
BEST BANKS
Equity Capital Markets Bank of the Year
Goldman Sachs
2. Bank of America Merrill Lynch
3. UBS
IPO Bank of the Year
Morgan Stanley
2. Deutsche Bank
3. Bank of America Merrill Lynch
Equity Block Trade Bank of the Year
Bank of America Merrill Lynch
2. UBS
3. Goldman Sachs
Equity-Linked Debt Bank of the Year
Deutsche Bank
2. BNP Paribas
3. Société Générale
ECM Bank of the Year for Financial Institutions
Goldman Sachs
2. UBS
3. Bank of America Merrill Lynch
ECM Bank of the Year for Private Equity Firms
UBS
2. Bank of America Merrill Lynch
3. Deutsche Bank
Best Bank for Privatisations
Bank of America Merrill Lynch
2. Goldman Sachs
3. Morgan Stanley
Best Corporate Broker
Barclays
2. Bank of America Merrill Lynch
3. Morgan Stanley
ECM Bank of the Year in the UK and Ireland
Bank of America Merrill Lynch
2. JP Morgan
3. Goldman Sachs
ECM Bank of the Year in France and the Benelux
BNP Paribas
2. Société Générale
3. Goldman Sachs
ECM bank of the year in Germany, Austria and Switzerland
Deutsche Bank
2. Credit Suisse
3. Morgan Stanley
ECM Bank of the Year in Greece, CEE, the Middle East and Africa
Citigroup
2. Morgan Stanley
3. HSBC
ECM Bank of the Year in Iberia
UBS
2. Goldman Sachs
3. Citigroup
ECM Bank of the Year in Italy
Mediobanca
2. Banca Imi
3. UniCredit
ECM Bank of the Year in the Nordic Region
SEB
2. Carnegie
3. Morgan Stanley
AWARDS NOT GIVEN
Best Bank for Small Cap ECM
Most Influential Equity-Linked Investor