Stephen Lacey is US Editor for International Financing Review, helping to oversee editorial content across the region. He has particular expertise in coverage of the equity capital markets – IPOs, follow-on stock sales, and equity-linked securities – spanning the entire corporate life cycle, from venture and private equity to entry and maturation in the public markets.
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Lithium, the silvery-white akali metal crucial to the electric vehicle revolution, is all the rage of the capital markets.
Less than three months after going public, cannabis grower Tilray landed US$450m from the sale of an upsized five-year convertible bond to fuel its budding expansion.
With no lack of news out of the electric vehicle industry, FMC Corp hit the road this week with the long-awaited spin-off IPO of its lithium business, Livent.