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Marel shares jump after Amsterdam listing draws ESG interest

Shares in Marel, the Icelandic meat processing machinery maker, rose by more than 8% on its first morning of trading in Amsterdam after a popular IPO which attracted a broad range of investors, including environmental, social and governance funds.

  • By Sam Kerr
  • 07 Jun 2019

Citigroup and JP Morgan are global co-ordinators on the deal; ABN Amro, ING and Rabobank bookrunners. STJ Advisors is financial adviser to Marel.

The company sold 90.9m new shares at €3.70 a share as part of the base deal, raising €336m. Should a greenshoe be exercised this will rise to €370m.

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Bond Comments

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
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For detailed analysis: Dealogic
  • Last updated
  • Today
1 BNP Paribas 17,156.20 81 7.00%
2 Credit Agricole CIB 14,626.10 73 5.97%
3 Bank of America Merrill Lynch 13,982.20 42 5.71%
4 UniCredit 11,996.19 65 4.90%
5 SG Corporate & Investment Banking 11,443.33 58 4.67%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
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For detailed analysis: Dealogic
  • Last updated
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1 Morgan Stanley 6,404.49 28 10.72%
2 Goldman Sachs 5,586.94 27 9.35%
3 JPMorgan 5,185.92 33 8.68%
4 UBS 4,134.32 20 6.92%
5 Citi 4,039.74 28 6.76%