ECM outlook: IPO rush finishes, but opportunism still possible

By Andrew Griffin
27 Mar 2014

While much of this week's business had been pencilled in long in advance, many other deals only emerged over the past few days as issuers looked to take advantage of strong market conditions. This flow of opportunistic deals is likely to continue next week on days when volatility is low.

“Markets have been and remain volatile,” said one senior equity capital markets banker in London. “We can see a lot of movement intra-day. While there have been a couple of good days this week, others presented a tougher market. This is still a market where you have to ...

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