Latest EMEA Follow-Ons/Rights issues news

  • Courageous Carige pulls off private rescue as retail shareholders come good

    Underwriters of Banca Carige’s €500m rights issue were jubilant on Thursday, when the results of the deal showed it had attracted about €200m of demand in the open market — almost exactly the amount needed for the banks to avoid having to buy shares, and underlining that the Italian lender has been rescued in an orderly way by private sector investors, a first in recent Italian history, writes Jon Hay.

    • 07 Dec 2017
  • Carige sells non-performing loan portfolio

    Banca Carige, the Genoese bank going through a lengthy restructuring process, moved a step further towards its de-risking target this week by selling a €1.2bn portfolio of non-performing loans.

    • 06 Dec 2017
  • Globalworth attracts anchor bids for €300m capital increase

    Globalworth Real Estate Investments, the Aim-listed real estate investment trust focused on Poland and Romania, is pushing ahead with its proposed €300m capital increase, after securing the backing of several cornerstone investors.

    • 27 Nov 2017
  • Carige saved, banks on risk — now it’s over to investors

    After a delayed start at the end of last week, Banca Carige’s €500m rights issue is under way. So far it has been a “rollercoaster”, a source close to the deal said, but its promoters are delighted that the Genoese bank has got its money, thanks to the multi-handed underwriting agreement.

    • 23 Nov 2017
  • Nasdaq launches blockchain share voting product in South Africa

    Nasdaq, the exchanges and trading technology company, is launching a blockchain-based product in South Africa, designed to make shareholder voting more efficient.

    • 22 Nov 2017
  • Valora's Sfr170m at-market rights issue flies

    Valora, the Swiss convenience retailer, has raised Sfr172m through an equity capital raising to refinance its acquisition of German bakery group BackWerk and to grow its production capabilities.

    • 21 Nov 2017
  • Carige pulls its €560m rights issue together as institutions sign up

    Banca Carige has launched its €560m equity capital raising, after two days of frenetic talks on Thursday and Friday, following the bank’s surpise announcement on Thursday morning that it had been unable to form an underwriting syndicate. Several new investors have agreed to invest in the deal, which will be at 60 new shares for every one held.

    • 20 Nov 2017
  • Carige fights to rescue rights issue after underwriting fails

    Banca Carige, the Genoese bank, is struggling to save its recapitalisation plan, after failing on Thursday to launch its expected €560m rights issue, leaving its future in doubt. With several Italian and Spanish banks having collapsed in the past few years, market participants will be watching this latest test of Europe’s systems for dealing with faltering banks, write Jon Hay, Sam Kerr and Tyler Davies.

    • 16 Nov 2017
  • Magnit gets foreigners’ $723m for rights early

    Russian retailer Magnit is continuing its capital raising efforts, after its CEO Sergey Galitskiy sold a block of shares on Tuesday night, in the first leg of what is locally called “a top-up” transaction.

    • 15 Nov 2017
  • UAE in focus for ECM as government begins privatisation

    Abu Dhabi beat Saudi Arabia to the punch this week by launching an IPO of the petrol stations of Abu Dhabi National Oil Co (Adnoc).

    • 15 Nov 2017

Follow-Ons/Rights issues news archive

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 416,634.23 1594 9.03%
2 JPMorgan 379,647.36 1732 8.23%
3 Bank of America Merrill Lynch 359,625.73 1304 7.80%
4 Barclays 267,126.92 1079 5.79%
5 Goldman Sachs 267,110.09 921 5.79%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 45,314.03 193 6.64%
2 Deutsche Bank 37,536.19 138 5.50%
3 BNP Paribas 36,532.54 211 5.36%
4 JPMorgan 34,490.59 115 5.06%
5 Bank of America Merrill Lynch 33,700.87 110 4.94%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,398.41 104 8.66%
2 Morgan Stanley 19,092.40 102 7.38%
3 Citi 17,812.08 111 6.89%
4 UBS 17,693.89 71 6.84%
5 Goldman Sachs 17,256.05 98 6.67%