• Vivo covered, Consol pulled in mixed week for African ECM

    The London and Johannesburg listing of Vivo was covered today, two days after launch, good news for African equities after South African bottle producer Consol had to pull its IPO.

    • 26 Apr 2018
  • Avast opens the books on rare London technology float

    Avast, the Czech cyber security company, has set the terms of its London IPO, valuing it at £3.2bn at the top of the range.

    • 26 Apr 2018
  • Springer Nature sells IPO at ‘healthy discount’

    Springer Nature, the German academic publishing group, has opened the books on its €1.3bn Frankfurt IPO with a price range that gives a “healthy discount” to peers.

    • 26 Apr 2018
  • Consol of South Africa pulls its IPO as investors refuse valuation

    The IPO of Consol, the South African glass bottle maker, has been pulled on the last day of bookbuild. The seller blamed difficult markets and said it had not been able to achieve its “valuation objectives”.

    • 25 Apr 2018
  • Royal Bafokeng Platinum trade flies out the door

    Anglo American Platinum, the biggest producer of platinum in the world, has sold a a 6.5% stake in Royal Bafokeng Platinum to finance its commitment to a joint mining venture in South Africa.

    • 24 Apr 2018
  • Sok valued at $2bn, DeFacto gaining traction

    Sok Marketler, the Turkish discount grocer, has set the range on its Istanbul IPO, valuing it at Tl6.9bn (1.7bn) to Tl8.3bn ($2.05bn).

    • 24 Apr 2018
  • PNB MetLife adds to string of Indian insurance IPOs

    State-owned Punjab National Bank has appointed three firms to lead the IPO of its life insurance arm in India later this year, according to sources close to the deal.

    • 23 Apr 2018
  • Banks get hot under the collars in solutions business re-boot

    Controls have been tightened after the high-profile losses that banks took on margin loans when retail conglomerate Steinhoff ran into trouble late last year. But strategic equity solutions businesses remain central to equity capital markets, writes David Rothnie.

    • 19 Apr 2018
  • Banks reshuffle ECM desks in Asia Pacific

    Bank of America Merrill Lynch, Credit Suisse, Nomura and UBS have made senior changes in their equity capital markets and syndicate teams in Asia.

    • 19 Apr 2018
  • Investors remain picky in busy IPO market

    The EMEA IPO market is fully underway again after the Easter break, with bankers fresh from the Courchevel ski slopes or St Tropez sunbeds to provide investors with some fresh IPO powder. But high volumes means buyers have the ability to be selective.

    • 18 Apr 2018
  • SoftBank smooths IPO path with HY refi

    Japanese telecoms group Softbank opened the week in the European high yield market with a multi-billion refinancing deal to redeem its old 2013 bonds — and delete a covenant that could get in the way of its flotation.

    • 17 Apr 2018
  • Consol sets IPO range as South Africa confidence rises

    Consol, the glass bottle maker, moved ahead with its IPO on Monday by setting a price range. It is hoping to return to the Johannesburg Stock Exchange (JSE) at a positive moment for South Africa.

    • 17 Apr 2018
  • BAML appoints new co-heads of Apac ECM

    Bank of America Merrill Lynch has appointed Shu Nagata and Tucker Highfield as co-heads of Asia Pacific equity capital markets, according to a memo seen by GlobalCapital Asia.

    • 17 Apr 2018
  • Sanctions freeze Russian IPO as US says more is coming

    The IPO of IBS IT, a Russian technology company, was postponed on Friday due to “increased market volatility” driven primarily by US-led sanctions against Russia. According to Nikki Haley, US ambassador to the UN, more might be coming.

    • 16 Apr 2018
  • BioPharma raises $163.8m in capital raising

    BioPharma Credit, a closed end investment fund that provides debt capital for the life sciences industry, raised $163.8m in a primary share placement on Thursday to fund further investment.

    • 13 Apr 2018
  • Decks reshuffled in HK as senior ECM bankers move

    Tucker Highfield, Credit Suisse’s head of equity syndicate for Asia ex-Japan, has left the firm to join Bank of America Merrill Lynch, according to sources.

    • 13 Apr 2018
  • Africa back in the spotlight for equity buyers

    Equities bankers are trumpeting a wave of new enthusiasm for Africa and two new deals are set to try to capitalise on this momentum.

    • 10 Apr 2018
  • BAML’s former EMEA boss joins Perella

    Perella Weinberg Partners said on Monday that Alex Wilmot-Sitwell, former president of Bank of America Merrill Lynch in EMEA, and one of the UK’s most senior corporate financiers, will join as a partner in its advisory business. He will be joined by Matthew Smith, Barclays’ head of UK corporate finance.

    • 10 Apr 2018
  • Consol tests investor appetite for South Africa with R2.7bn re-IPO

    Consol Holdings, the South African glass packaging company, plans to return to the Johannesburg Stock Exchange after filing an intention to float on Thursday.

    • 05 Apr 2018
  • Investors to keep buying Russian equities until they’re told to stop

    Three new Russian equity capital markets deals were launched this week, with bankers confident that European equity investors are comfortable enough to buy Russian risk despite diplomatic tensions between the country and the West growing more hostile.

    • 04 Apr 2018

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%