For the first International Finance Facility for Immunisation debt issue to succeed, lead managers Goldman Sachs and Deutsche Bank had to devise a way of frontloading development finance at an affordable cost. Edward Russell-Walling reports on a scheme designed to ensure reliable funding for vaccine projects.
The sale of 40% of Kazakhstan state oil exploration and production company KazMunaiGas in a two-part offering was a roaring success, despite oil prices falling as the deal was going down. The Credit Suisse team responsible for “driving the execution” talk to Edward Russell-Walling.
JPMorgan recently followed up an IPO deal for German retailer Metro’s divestment of its DIY business, Praktiker, with an advisory role in the latter’s acquisition of a privately owned competitor. The team tell Edward Russell-Walling about their successive mandates.