Credit Suisse is the leading arranger of Spac (special purpose acquisition company) IPOs, a largely US phenomenon. It knows well that if the party is to keep going, it may soon have to move to a new venue.
Nick Koemtzopoulos, head of EMEA equity capital markets at Credit Suisse, tells Euromoney: “2020 was a breakout year with a record $80 billion of Spac IPOs. In 2021, the volume of Spac issuance had exceeded that within the first two and a half months.
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