DRs: Sovereign Funds Boost Glencore

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Switzerland-based Glencore International, a commodities trading and mining company, could have timed its initial public offering better.   Amid the steepest decline in commodity markets in years, Glencore was looking ...

Debt: Investors Fear Inflation

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   The European Central Bank sent a shockwave through global fixed-income markets last month with its “strong vigilance” alert, signaling that it was about to raise interest rates to ensure that ...

DRs: PE Firms Cash Out With IPOs

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Nashville, Tennessee–based hospital operator HCA Holdings sold more shares than planned in its initial public offering in March, and it sold them at the high end of the expected price ...

Derivatives Show Change In Sentiment

ANALYSIS: INTEREST-RATE AND EQUITY DERIVATIVES   By Michael Shari   Investors and corporations are revamping their derivatives strategies as they prepare for a resurgence of inflation.   At the beginning of the year, investment bankers noticed that institutional investors, hedge ...

QE2 Boosts Cross-Border M&A Deals

CORPORATE FINANCING NEWS: MERGERS & ACQUISITION   By Gordon Platt   Growing risk appetite triggered a sudden burst of cross-border mergers and acquisitions in October, as investors prepared for a second round of quantitative easing, or QE2, from the Federal ...