EQUITY CAPITAL MARKETS are back on track – at least if the furious activity of the last week of June is anything to go by. In the US alone 23 deals came to market, according to Dealogic. Of these, 11 were convertible bonds. They included the second largest of the year to date, a $4 billion single-tranche offering from General Motors as part of a bumper pension plan refunding that also included a $13.5 billion multi-tranche, multi-region bond issue.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
