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Bank set to issue 106.4m shares at $4.48 per share
High-demand investors pick up slack created by institutional and retail investors
Company will use proceeds alongside debt to finance the acquisition of 6 newly ordered ships
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Property firms are raising equity as inflation cools and interest rates are cut, but a true revival is not expected until next year -
BofA doubled trade on strong demand
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Ship company will raise a total of €500m in new capital after it acquired part of defence company Leonardo
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A holiday is supposed to be all about relaxing, letting loose and shaking off the daily grind. But for those in investment banking, planning a getaway is often riddled with work complications. Where you go, when, and what you do can be much more fraught questions for financiers than for others
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PE firms see the public market as a ‘pain’ as investors seek low leverage companies and low valuations
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US bank has suffered departures as managing directors in Europe complain about pay and the bank’s growth plan
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