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Booming metal prices could bring more equity deals
International tension has propelled valuations in the sector up, tempting issuers
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Goldman Sachs was left long of stock in Bureau Veritas, the certification agency, after a €400m block trade on behalf of Wendel on Monday night.
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Singapore’s Reit issuers are proving a resilient lot when it comes to fundraising in the equity markets, with the latest deal from Capitaland Mall Trust taking this year’s tally to $2.3bn.
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This month’s global equity sell-off has devastated markets and investors' performance for the year, and Europe’s large equity capital markets houses are thinking of calling time on a challenging 2018 to give a battered buy-side some time to recover, writes Sam Kerr.
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Global equity market volatility has cast a long shadow over the end of 2018, making equity capital markets issuance more difficult.
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Avast, the London-listed Czech cybersecurity company, is still trading above the issue price of a block trade of Monday night, marking a good result for the seller and the banks on the deal in a tough week for world benchmark indices.
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State Bank of India is planning to tap the equity and bond markets for Rp250bn ($3.4bn) in funds during the financial year ending March 31, 2019.