There are a record number of equity offerings in the
pipeline for the rest of 1999. That may seem like good news for equity capital markets bankers. But with Y2K likely to close the market early this year those deals will have to squeeze through a narrow window. Even more worrying, this year has seen a surprising number of deals turn sour. Which of the deals in the pipeline is
likely to turn rotten? And which firms will be left celebrating the successes? Michael Peterson reports.
October 01, 1999
