Latest EMEA Equity-Linked news

  • Impala Platinum wraps up CB tender offer after improving terms

    Impala Platinum Holdings, the South African mining company, expects to successfully close the tender offer to convert its 2.25% June 2022 convertible bonds into stock, after sweetening the terms of the offer last week, according to a source close to the transaction.

    • 22 Jul 2019
  • Resurgent Impala Platinum offers CB investors early conversion to cut debt

    Impala Platinum Holdings, the South African platinum mining company, has launched a tender offer to convert its outstanding 3.25% $250m June 2022 convertible bonds into equity, after a massive rally in its share price over the last year.

    • 17 Jul 2019
  • Khazanah bags $500m from zero coupon EB

    Malaysian sovereign wealth fund Khazanah Nasional has managed to raise $500m from a tightly priced zero coupon exchangeable bond.

    • 12 Jul 2019
  • Cembra Money Bank turns to ECM to fund Cashgate merger

    Cembra Money Bank, the Swiss financial services company, struck a Sfr277m ($281m) deal to acquire Cashgate on Monday, a Swiss consumer leasing and credit provider, from Aduno Holdings.

    • 02 Jul 2019
  • ECB dashes hopes of equity-linked recovery

    Equity-linked bankers said this week that European Central Bank president Mario Draghi has ended their slim hopes of a meaningful revival in convertible bond issuance this year, after he said he could cut interest rates and resume buying bonds if eurozone growth fails to pick up.

    • 27 Jun 2019
  • Qudian rides on strong credentials for $300m CB

    Chinese online lender Qudian benefitted from active engagement with equity-linked investors to explain its business and growth potential to raise $300m from a popular convertible bond.

    • 27 Jun 2019
  • Qudian sets the stage for $250m CB

    New York-listed Qudian is seeking $250m from a convertible bond, with the company entering into capped call transactions with investment banks — an increasingly popular tool being used by issuers recently.

    • 26 Jun 2019
  • Luye Pharma boosts convertible to $300m

    Hong Kong-listed Luye Pharma Group sealed a convertible bond on Monday night, raising $300m from the increased deal.

    • 25 Jun 2019
  • IAG roadshows for new €500m bond to fund CB tender

    International Consolidated Airlines Group (IAG) is running a tender offer for its outstanding €500m 0.25% convertible bonds due in November 2020 and is considering replacing the CBs with new euro-denominated senior unsecured bonds.

    • 24 Jun 2019
  • Berlin rent freeze sends shivers through German housing finance

    A corner of Europe’s capital markets that up to now has offered both stability and growth — German housing companies — has been thrown into turmoil by a five year rent freeze on all housing, proposed by the State of Berlin, write Silas Brown, Aidan Gregory and Jon Hay.

    • 20 Jun 2019

Equity-Linked news archive

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 228,713.88 1030 8.29%
2 Citi 213,337.62 887 7.74%
3 Bank of America Merrill Lynch 176,887.58 738 6.41%
4 Barclays 165,088.28 679 5.99%
5 HSBC 136,553.94 746 4.95%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 27,431.07 110 7.85%
2 Credit Agricole CIB 25,823.81 106 7.39%
3 JPMorgan 21,834.93 53 6.25%
4 Bank of America Merrill Lynch 21,382.31 54 6.12%
5 SG Corporate & Investment Banking 16,786.71 79 4.80%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Morgan Stanley 7,509.08 37 9.67%
2 JPMorgan 7,363.27 46 9.48%
3 Goldman Sachs 6,842.44 35 8.81%
4 Citi 5,763.97 41 7.42%
5 UBS 4,691.07 23 6.04%