Latest EMEA Equity-Linked news

• Qiagen returns with $500m call-spread CB

  

  Qiagen, the Dutch biotechnology company, has returned to the equity-linked market to sell a six year senior unsecured convertible bond with a similar call spread structure to one it sold in September 2017.

  • 06 Nov 2018

• JPM taps Ping An-linked EB again for $85m

  

  JP Morgan sold its second tap of equity-linked notes using the Hong Kong-listed shares of Ping An Insurance Group Co of China as the underlying securities, this time raising $85m.

  • 06 Nov 2018

• Netflix’s $2bn high yield bond is a missed opportunity

  

  Netflix has returned to the high yield market once again this week with a $2bn offering to fund its ever-increasing spend on its original films and TV shows. But instead of issuing high coupon debt, the company would have done better to look at a convert.

  • 23 Oct 2018

• Deutsche banker leaves to head Mizuho ECM syndication

  

  Mizuho has hired an equity-linked banker from Deutsche Bank for its equity capital markets business in London.

  • 22 Oct 2018

• Vinpearl steers $125m EB tap in volatile market

  

  Vinpearl raised $125m on Thursday night after tapping a $325m exchangeable bond sold in June, managing to navigate the sea of red in equity markets.

  • 05 Oct 2018

• Yuen quits JP Morgan ECM team

  

  Hong Kong-based Alex Yuen has resigned from JP Morgan’s equity capital markets team, GlobalCapital Asia understands.

  • 03 Oct 2018

• RAG-Stiftung bags €1bn from Evonik sales

  

  RAG-Stiftung, the German foundation created in 2007 to support the discontinuation of the country’s coal mines, opted to a block trade alongside an exchangeable bond to sell a 7% stake in Evonik Industries, the German speciality chemicals company, for €1bn.

  • 25 Sep 2018

• Nomura brings back Lim to head Asia ex-Japan equity-linked

  

  Nomura has brought a senior banker back into its fold to lead the convertible bond origination business in Asia ex-Japan, according to a memo seen by GlobalCapital Asia.

  • 21 Sep 2018

• Glencore proves arb is not dead with $125m equity-neutral tap

  

  Glencore, the Swiss mining and commodities company, has returned to the equity-linked market with a $125m tap of its non-dilutive convertible bonds due in March 2025, placed overnight on Wednesday evening.

  • 20 Sep 2018

• Korian issues €60m tap of hybrid perpetual CB

  

  Korian, the French operator of care homes for the elderly, has raised €60m via a tap of the popular €240m perpetual hybrid convertible bond it issued in June 2017.

  • 18 Sep 2018

Equity-Linked news archive