Europe’s rights issue market heats up with Valora, REN, Astaldi

The last six weeks of 2017 in European equity capital markets look set to be busy with rights issues, as a string of companies has announced plans to raise capital before year end.

  • By Sam Kerr
  • 13 Nov 2017

Valora, the Swiss convenience retailer, opened the books today for a Sfr160m (€138m) offering, being run by JP Morgan and Credit Suisse. 

The rights will not be tradable, and investors that do not use them will lose them. The price will be determined 'at market', meaning with a bookbuild ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 168,245.46 652 8.00%
2 JPMorgan 156,950.09 679 7.46%
3 Bank of America Merrill Lynch 152,294.90 499 7.24%
4 Barclays 132,419.52 457 6.29%
5 HSBC 114,461.86 531 5.44%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 26,737.07 34 9.51%
2 Citi 17,112.91 41 6.09%
3 SG Corporate & Investment Banking 15,824.91 49 5.63%
4 UniCredit 14,686.99 63 5.22%
5 Deutsche Bank 14,357.25 46 5.11%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 7,202.01 32 9.30%
2 JPMorgan 6,815.38 29 8.80%
3 UBS 5,503.59 15 7.10%
4 Citi 5,386.55 31 6.95%
5 Deutsche Bank 4,303.27 25 5.55%