Saturday, 21 July 2018

Graham Fahy' s stories

Sort by: Newest firstOldest firstA-ZZ-A

  • Monte Dei Paschi

    Underwriters return for BMPS recap part II

    Top News | 07 November 2014

    One thing is abundantly clear from Banca Monte dei Paschi di Siena’s €2.5bn rights issue and that is that ECM bankers feel no shame. Just four months have passed since the world’s oldest bank tapped shareholders for a staggering €5bn to bolster its balance sheet ahead of the asset quali

  • Virgin Money logo

    Virgin Money comes cheap

    Equities | 07 November 2014

    Virgin Money’s £362.5m London IPO was covered within 24 hours of the start of bookbuilding on Wednesday, vindicating the company’s decision to interrupt the listing process last month in response to deteriorating investor sentiment.

  • Logo of Permanent TSB

    ​Permanent TSB to launch IPO

    Capital City | 13 April 2015

    Permanent TSB Group will launch a public offering tomorrow morning as part of a broader capital raising exercise that will see the shares re-listed on the main Dublin exchange. The bank is expected to place new shares worth €400m in a re-IPO, alongside a €125m issue of Additional Tier 1 bonds.

  • VW

    A tale of two ABBs

    Top News | 06 June 2014

    Anxious to avoid any volatility caused by the ECB meeting later in the week, similarly sized deals in two heavyweight European companies came to market on Tuesday evening, but only one was an obvious success.

  • Toll booths operated by Abertis Infraestructuras

    Abertis buyers push ahead

    Top News | 01 July 2016

    A king-sized order in Tuesday night’s €814.6m accelerated sale in Abertis Infraestructuras set the level for the entire transaction, and absorbed so many of the shares on offer that there was little left over for anybody else once other wall-crossed investors had been looked after.

  • William Ackman

    Ackman close to US$2bn target

    Equities | 19 September 2014

    Activist investor William Ackman will raise US$2bn in permanent capital with a listing of Pershing Square Capital Management in Amsterdam. Most of the deal was already covered at launch after a cornerstone process received more demand than expected and was set at US$1.5bn.

  • AIB sale haunted by Royal Mail ghost

    Equities | 28 April 2017

    At the time of its IPO, Allied Irish Banks will issue warrants to the Irish government that provide political cover should the share price surge once the state has sold its stake.

  • Banca Popolare di Vicenza logo

    All eyes on UniCredit as Popolare di Vicenza launched

    Equities | 08 April 2016

    Banca Popolare di Vicenza is pushing ahead with a €1.76bn share issue in the knowledge that if investors fail to back its much-needed capital raising effort then attempts to engage investors in recapitalisations at other Italian banks will probably struggle. Failure will also leave sol

  • Altice

    Altice first out with €1bn IPO

    Top News | 10 January 2014

    Cable group Altice was quick out of the blocks on Tuesday to launch the first float of the year in EMEA. The €1bn IPO is significant as it represents a company building a war chest for acquisitions, rather than the 2013 trend of issuing equity to pay down debt or existing shareholders selling.

  • bgc broker fall

    Anaemic aftermarket baffles bankers

    Top News | 17 April 2014

    Bankers are struggling to explain why recent European IPOs have performed badly in the aftermarket, with only three of the past eight public offerings registering gains of any notable size for investors.

Show  10 per page20 per page50 per page