UK gas production and exploration company, BG Energy finally brought its long awaited £200m issue via Barclays and HSBC this week, after the deal had been postponed in July. The two lead managers, which have held mandates for a number of sterling issues that included BG Energy but also Lafarge, EdF and Dixons, took advantage of improving market sentiment to bring the first bookbuilt corporate transaction the sterling market has seen since recent market volatility all but closed the new issue market.
October 25, 2002
