'It's difficult out there' — stressed investors making IPO bookbuilding tricky

City of London
By Sam Kerr
09 Oct 2019

Equity investors remain highly cautious after recent market sell-offs, which is making it harder for IPOs in the market.

Ferretti, the Italian maker of yachts and super yachts, is scheduled to close books on Thursday, but as of Wednesday morning there is no covered message on deal.

“It is still coming along and we are hoping to get it covered soon,” said a banker working on the ...

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