Banks tee up new wave of primary ABOs as stocks hold

City_of_London__10_PA_575_375
By Aidan Gregory
20 Aug 2020

Despite a slowdown in the pace of new issuance this month, a strong appetite for share sales by European companies remains — particularly those from sectors benefitting from the pandemic, such as healthcare, technology and renewables.

The conventional wisdom is that trading volumes in Europe during the summer months are much lower than at other times of the year, making it more difficult to execute large transactions.

But this August is different. The pace of issuance has slowed, but it is still much ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial