Owen Wild is Deputy Editor of International Financing Review based in London and also has global responsibility for equity capital markets coverage. Prior to 2010 he was associate editor for equities and structured equity. Owen joined IFR in 2004 as a reporter and has since worked across Equities, Structured Equity and Derivatives sections as both reporter and editor. Before joining IFR, Owen covered foreign exchange markets. Follow Owen on Twitter @IFR_Owen
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Equity-linked investors were offered something a little different on Wednesday as Chinese automotive group Geely issued euro bonds exchangeable into Swedish truck maker Volvo.
The pressure of continued redemptions from its flagship fund had left Woodford Investment Management under pressure to offload illiquid and unquoted positions.
The past week has seen Marks & Spencer launch a £601m rights issue to back its partnership with food retailer Ocado, Watches of Switzerland secure sufficient demand to cover its £200m IPO on the first day of bookbuilding, and Trainline file a registration document in preparation for a circa £650m IPO.