Top Section/Ad
Top Section/Ad
Most recent
International tension has propelled valuations in the sector up, tempting issuers
String of smaller IPOs, convertibles come to market
Third equity-linked deal appears as ECM ramps up
More articles/Ad
More articles/Ad
More articles
-
UBS has hired two senior equity capital markets bankers formerly with JP Morgan for its Asia operations. -
Issuance in Europe’s equity-linked market is likely to remain stagnant for the rest of the year as long as there is no rapid uplift in rates and the high yield bond market holds up. The US meanwhile continues put all other markets in the shade as total volume powers to its strongest year since 2007.
-
JP Morgan pocketed $350m on Tuesday from a cash-settled exchangeable bond that was the first of its kind in Asia, drawing huge support from long-only investors. The deal is among a handful globally that not only lets bank issuers raise funds, but also helps with hedging out their corporate derivative exposure. John Loh reports.
-
Udhay Furtado has left Goldman Sachs after 12 years with the US bulge bracket firm to take up a new role at Citi.
-
Europe’s equity-linked bond market has been anaemic this year, in both performance and volume of issuance. Yet in the US, tax reforms, rising interest rates and share prices near record highs have created a booming market for convertible bonds which shows little sign of abating, writes Aidan Gregory.
-
Asia’s markets were on edge this week as Chinese equities fell into bear territory and the simmering trade war between the US and China deepened. The tensions felled two IPOs but have not brought fundraising activity to a complete stop, even as bankers remain unsure about what happens next. John Loh reports.
