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Monday, 26 June 2017

Canada Awards 2013

Canada Capital Markets Issue: Hudson’s Bay Company’s acquisition financing

IFR Americas Review of the Year 2013

Hudson’s Bay Company’s acquisition of luxury department store Saks was savvy to say the least. In what was a hotly-contested purchase, the iconic Canadian retail company padded its US$2.9bn financing package with upfront equity commitments from cornerstone investors, allowing it to push sizing while limiting pro forma combined leverage.

Americas Features

Event Verizon

Event Verizon

IFR Americas Review of the Year 2013

Anatomy of a giant: Verizon’s US$49bn bond. This is a behind-the-scenes look at the trials and tribulations of creating the biggest bond deal ever. It was a transaction many years in the making, but when it came together, it did so very quickly indeed.

Wall Street shuffle

Wall Street shuffle

IFR Americas Review of the Year 2013

Escaping trouble at home, seeking investors that understand new technology, finding a match or just trying to squeeze out an extra buck on valuation – the boats heading for New York are full of excited foreign management seeking the best for their IPO.

Where borrowers rule

Borrowers rule

IFR Americas Review of the Year 2013

A piping-hot US leveraged loan market has seen steady erosion of maintenance covenants. Critics see echoes of the months leading up to the financial crisis, while advocates say the structures represent the best interests of borrowers and creditors alike. Both sides agree the ground ceded in covenants is unlikely to be recovered. 

The Ex-man

The Ex-man

IFR Americas Review of the Year 2013

The mythology of Eike Batista proved just that – a hope and a prayer. A shrewd user of capital markets, the multi-billion dollar “X” empire assembled by the Brazilian PowerPoint King, who once charmed the global business elite, failed to mark the buried treasure. 

Septic shock

Septic shock

IFR Americas Review of the Year 2013

While US banks raced to clean up their mess after the financial crisis kicked in, European banks – and their regulators – have taken their sweet time. The result? The Americans are now poised to steal a march – and plenty of market share – from their rivals across the Atlantic. 

Americas Awards Foreword

IFR Americas Cover 2013

IFR Americas Review of the Year 2013

IFR Americas Review of the Year 2013

You’d be justified in calling yourself clairvoyant if you’d predicted the size and scope of the 2013 US capital markets boom when last year was winding to a close. 

2013 IFR Awards

The IFR Awards honour achievement in capital markets and are celebrated at the annual IFR Awards Dinner.

This year’s ceremony will be held on January 22 2014 once again at Grosvenor House in London. For full details, visit www.ifrawards.com.

IFR Middle East Awards

Introduced for the first time in 2013, the IFR Middle East Awards recognise the new era of capital markets in the Middle East region – celebrating and honouring those companies that demonstrated excellence throughout the year. The Awards were presented at the inaugural IFR Middle East Awards ceremony in Dubai on March 31 2014.

2013 IFR Asia Awards

The IFR Asia Awards honour achievement in Asia’s capital markets and are celebrated at the annual IFR Asia Awards Dinner.

This year’s ceremony will be held on February 19 2014 at the Four Seasons Hotel in Hong Kong. For full details, visit www.ifrasiaawards.com.

Digital version

The hard copy of the 2013 IFR Americas Review of the Year is sent to all IFR magazine subscribers, but non-subscribers can view a full digital version for free by clicking here.

If you would like to order the 2013 IFR Review of the Year in hard copy, please contact gloria.balbastro@thomsonreuters.com.