A convertible bond enabled technology company Dialog to raise funds fast, while significantly broadening its investor base and keeping dilution within fixed limits.
Western Europe
Latest articles from UK
RBS hits a high with Center Parcs securitisation deal
May 1, 2012After deciding that a pure high-yield deal was prohibitively expensive for UK leisure company Center Parcs, RBS helped investors get comfortable with a whole business securitisation structure that other banks were giving a wide berth.
Barclays looks to make the most of debt dominance
May 1, 2012Barclays built a multi-asset execution platform out of the Lehman acquisition, and the debt specialist in the bank’s two-man management team for global finance in the EMEA region is relishing the opportunity to deploy that platform if merger and acquisition activity picks up.
Too many cooks spoil CRD IV liquidity broth
April 23, 2012The growing number of EU institutions intervening on the drafting of Europe’s vital new liquidity requirements is piling uncertainties on banks and capital markets.
Retrospective taxation could prove an own goal for cash-strapped governments
April 23, 2012At a time of fiscal austerity across many countries in Europe, clampdowns on tax planning by large corporates or wealthy individuals play favourably with voters. But they can also undermine competitiveness and the fragile economic recovery.
London bids to play renminbi strong suit
April 2, 2012As China has moved to speed up the internationalisation of its domestic currency since the financial crisis, the UK has made no secret of its willingness to play a role in this process. But much work still needs to be done with regards to trade settlements between the two countries, as well as improving transport links and communications.
SocGen's DCM team makes most of bank disintermediation trend
April 2, 2012Thus far, 2012 has witnessed a marked trend of corporates eschewing bank lending and turning instead to the debt capital markets. By acting quickly, the DCM team at SGCIB has put itself at the forefront of many of these deals.
Bulge bracket pair scale down for StormHarbour
April 2, 2012Boutique investment bank StormHarbour was created in 2009 with the intention of reviving a more tailored and less conflicted approach to serving clients. The idea is attracting a growing number of heavy hitters.
Foreign exchange still in everyone’s sights
April 2, 2012Higher volumes than before the financial crisis and a growing number of heavyweight currencies are attracting investment banks, but the global foreign exchange pie may not be large enough for everyone to have a slice.
Politics can still trump prudence
February 1, 2012Regulators are making much of macroprudential tools to prevent future bubbles. But regulatory capture remains an obvious risk.