Finablr banks make final push to get deal covered

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By Sam Kerr
13 May 2019

There has been no covered message sent on the IPO of Finablr, the financial holding company which owns Travelex, though the deal is set to close today, Monday May 13. The banks are still working hard to close the book on schedule.

BarclaysGoldman Sachs and JP Morgan are global co-ordinators and EFG Hermes, Bank of America Merrill Lynch and Numis Securities bookrunners on the IPO of the Abu Dhabi-based business.

The deal was rumoured to be facing difficulties last week. A source close to the transaction said it had been gaining ...

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