Sibur and SolVin's highly innovative joint venture to build a PVC plant in Russia was unusual in many ways, not least because of its lack of an offtake scheme in such a risk-averse environment. However, the four-year wait for the deal to come to fruition is paying off for the many players involved.
Investors forced to look at new types of inflation-linked assets
November 1, 2011Confidence in the sovereign linker market has been shaken following the credit downgrade of Greece. Demand has soared on AAA rated bonds, but with demand vastly outweighing supply in this sector, investors are turning to the corporate market and direct infrastructure for protection against inflation.
Private equity and the rise of renewable energy
November 1, 2011Private equity firms have cultivated greater interest in renewable energy during the past few years and with many governments paying more attention to renewables, offering subsidies to encourage investment in the sector, it appears their timing could not have been better. But can the pace of growth be maintained?
BMW shrugs off euro crisis to complete issue
October 3, 2011Days after European leaders agreed on plans for a Greek bail-out, German car manufacturer BMW came to market with a new issue. This was not the first time the company had challenged a difficult market. With cautious pricing, volumes and a bold strategy the issue was over-subscribed and BMW proved the value of its brand.
Why bankers need to address the issue of mistrust in IPOs
September 1, 2011This year, with multiple initial public offerings cancelled and some performing badly in the aftermarket, it is unsurprising that equity market participants are disgruntled. Is the IPO process broken and, if so, how can it be fixed?
World
/ Western Europe
/ UK
Retail market move pays off for UK housing association
September 1, 2011The retail market can seem a daunting place for some issuers, but Places for People, a UK-based, for-profit housing association, has found success on the London Stock Exchange’s retail platform, with its debut issue nearly trebling in size in the two months from its launch to close. The key to its success was a strong business model, an experienced retail firm and an intensive marketing strategy.
Iceland makes capital markets return
August 1, 2011As Iceland comes back from financial collapse with the help of an austerity programme and support from the International Monetary Fund, it is now looking to return to the international capital markets with a $1bn, five-year benchmark transaction.
World
/ Asia-Pacific
/ China
What can the West offer Chinese banks?
August 1, 2011Will China's cash-rich banks want to enter the West's stagnant, mature market when there are so many growth opportunities domestically and within Asia as a whole?
Mubadala shines in stormy Middle East
June 30, 2011With unrest spreading through many Middle Eastern and north African countries, the stability of the United Arab Emirates is making the country a haven for investors in the region, with Abu Dhabi's development and investment company Mubadala a leading light when it comes to utilising the bond markets.
Sanofi Aventis defies global turmoil to close $20bn takeover of Genzyme
June 1, 2011The caution in the markets following the tsunami in Japan and unrest in north Africa provided an unpromising backdrop to French company Sanofi Aventis's $20bn takeover of US biotech firm Genzyme. However, the deal passed off as a resounding success.