Top Section/Ad
Top Section/Ad
Most recent
Mid-cap equity-linked issuance to grow
Schneider refinances Indian acquisition as Wendel uses derivatives to delever
Airline follows Qiagen issue last week
Conditions attractive for convertible issuers to refinance
More articles/Ad
More articles/Ad
More articles
-
A wave of German and Austrian property companies is coming to the equity-linked bond market for cheap funding, writes Aidan Gregory. The attractive terms they are obtaining are partly of their own making: a reward for the companies' strong performances. -
Equity capital markets in Europe are enjoying a steady flow of new deals, including three new convertible bond issues so far this week.
-
Deutsche Wohnen, one of the biggest listed German residential property companies, added its name to the string of equity-linked deals in Europe this month on Tuesday when it printed an €800m eight year note to finance a tender offer for a previous convertible bond, due in 2021.
-
AMS, the Austrian maker of sensors and microchips, opened a new week in the equity-linked market on Monday with its first ever convertible bond issue, which was priced at attractive terms for the issuer.
-
Artemis, the Pinault family holding company that owns €17bn of shares in Kering, the French luxury goods group, raised €383m on Tuesday with an innovative equity-neutral exchangeable bond, in which Crédit Agricole acts as an extra counterparty to investors.
-
Anil Agarwal, founder of mining group Vedanta Resources, has managed to surprise the stockmarket with the same trick twice. But as Jon Hay and Aidan Gregory write, his intentions in buying another £1.5bn of shares in Anglo American are anything but clear, and he is paying a high price for influence.
