Graham Fahy is a capital markets reporter at IFR, with a focus on initial public offerings and equity capital raising. Before joining Thomson Reuters, he was an equity trader at Exane BNP Paribas.
Deutsche Bank is taking no chances with the float of its asset management unit DWS, underpinning the offering with significant anchor investors and a valuation that should ensure the shares fly off the shelves.
Bayer maintained its commitment to maintaining relationships with a wide group of lenders by again rotating banks when selling shares in plastics maker Covestro.
Facing one of the largest funding programmes of any European bank, Banco Santander needed to show more than a touch of creativity to keep on track. For managing a complex global issuance programme across a web of different entities – with a €7.1bn rights issue thrown in for good measure – Santander is IFR’s Issuer and Financial Issuer of the Year.