Latest EMEA Equity-Linked news

  • Piramal nets bumper demand for rare Indian CB

    Piramal Enterprises has closed what bankers are touting as the first offering of mandatory convertible bonds in India through a qualified institutional placement, with the deal bagging close to $1bn in investor orders.

    • 16 Oct 2017
  • Piramal markets CBs, GIC Re in the clear

    India’s Piramal Enterprises is in the market with an unusual sale of mandatory convertible bonds through a qualified institutional placement, part of a fundraising drive to that could fetch up to Rp70bn ($1.1bn).

    • 13 Oct 2017
  • Zhongsheng sells one year CB to skirt NDRC

    Zhongsheng Group Holdings gave convertible bond investors a rare taste of sub-one year paper this week, replicating a structure that has gained popularity in the debt capital market for its ability to sidestep Chinese regulatory restrictions.

    • 12 Oct 2017
  • France’s Elis prices €400m debut CB at 0% yield

    Elis, the French laundry services company, issued a €400m convertible bond on Tuesday to refinance its £2.2bn acquisition of Berendsen in the UK, which closed in September.

    • 03 Oct 2017
  • German property firms exploit funding windfall with CBs before ECB tightens

    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.

    • 28 Sep 2017
  • European equity-linked market flourishes with three new issues

    Equity capital markets in Europe are enjoying a steady flow of new deals, including three new convertible bond issues so far this week.

    • 27 Sep 2017
  • Deutsche Wohnen goes long with new €800m CB

    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.

    • 26 Sep 2017
  • Apple chip supplier AMS brings first CB for $350m

    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.

    • 25 Sep 2017
  • Artemis hits target: cheap funding with no dilution

    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.

    • 22 Sep 2017
  • Agarwal doubles down on costly bid for Anglo influence

    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.

    • 21 Sep 2017

Equity-Linked news archive

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 356,356.29 1337 9.08%
2 JPMorgan 317,952.80 1443 8.10%
3 Bank of America Merrill Lynch 316,523.82 1098 8.06%
4 Goldman Sachs 235,165.28 784 5.99%
5 Barclays 229,116.44 888 5.84%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 34,411.72 162 6.58%
2 Deutsche Bank 34,293.84 117 6.56%
3 Bank of America Merrill Lynch 31,113.25 94 5.95%
4 BNP Paribas 27,578.61 168 5.27%
5 SG Corporate & Investment Banking 23,982.83 136 4.59%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 19,536.02 78 8.84%
2 Morgan Stanley 16,323.54 83 7.38%
3 Citi 15,946.50 94 7.21%
4 UBS 15,404.75 59 6.97%
5 Goldman Sachs 13,695.77 74 6.19%