Latest articles from Deals

Lovells’ rescue remedy

February 2, 2009

Lovells’ restructuring of Cheyne Capital’s $7bn structured investment vehicle set an example for other troubled SIVs. Writer Edward Russell-Walling.

Technical advantage

December 1, 2008

As smaller tech companies flounder due to a lack of funds, mergers and acquisitions with larger firms are only natural. Merrill Lynch’s technology investment banking team reflects on its advisory role in a flurry of recent deals. Writer Kathryn Tully.

Reasons to be cheerful

November 3, 2008

The sale of British Energy, once part-nationalised as it was considered too important to fail, should pay dividends for the British government. NM Rothschild, the team which advised on the deal, explains how it pulled off such a coup. Writer Edward Russell-Walling.

Barcap’s Zest for success

September 1, 2008

Barclays Capital’s rare £250m value in-force deal for Aegon Scottish Equitable proved there is a growing appetite for securitisations among insurers. Writer Edward Russell-Walling.

MPS finds €5bn for transformational Antonveneta deal

August 4, 2008

Banca Monte dei Paschi di Siena’s audacious €9bn purchase of Banca Antonveneta last November required some serious work to raise the necessary financing. Edward Russell-Walling reports on how the group’s efforts ended up breaking the Italian record for capital raised.

Deutsche strikes right note with Türk privatisation deal

July 1, 2008

Deutsche Bank has proven that if the structure is right, large-scale privatisations and emerging markets are still attractive. The emerging markets ECM team that drove through Türk Telecom’s deal in Turkey’s first IPO of the year talks to Edward Russell-Walling.

Nail-biting finish for Lebanon deal

June 2, 2008

Deals that succeed in spite of dreadful market conditions are always most satisfying. Credit Suisse was one of two banks to help the Republic of Lebanon through a new issue and bond exchange at the trickiest of times. Edward Russell-Walling talks to the team.

HSBC pulls off €1bn ING debut against unpromising backdrop

May 5, 2008

HSBC’s covered bond team planned its winning strategy for ING’s covered bond issue around confidence building, and gathered interest in a cautious market through shadow bookbuilding. Edward Russell-Walling reports.

Driver UK deal helps RBS swerve slowdown

April 7, 2008

The credit crisis has brought the ABS market to near standstill. However, RBS has remained active in the field and used its healthy relationship with VW to good effect, reports Edward Russell-Walling.

Exotix boldly tackles the Yemeni frontiers

March 4, 2008

So-called ‘frontier markets’ hold no fears for some investors. Edward Russell-Walling reports on how broker-cum-investment bank Exotix went digging for profits in the zinc mines of Yemen.

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