Capital Raising & Corporate Finance

CORPORATE FINANCING NEWS: GLOBAL EQUITY / DRS   By Gordon Platt   The global equity capital markets got off to a relatively slow start in 2012, with a decline of 26% in activity in the first quarter from the same period ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Switzerland’s Glencore International, the world’s largest commodities trader, agreed to acquire Canada’s biggest grain trader, Viterra, for C$16 a share ($16.05)—which values the company at $6 billion—in a deal that ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY / DRS   By Gordon Platt   Facebook prepares for its initial public offering that it hopes could raise $10 billion.   Facebook added 25 new underwriters to its original group of six, as it ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   More than 2,600 mergers and acquisitions worth $149 billion were announced in the global mining industry last year.   They represented an increase of 33% from 2010, making 2011 the ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   Issuance of high-grade US corporate bonds soared to $99 billion in February.   Issuance of high-grade corporate bonds in the US market soared to a monthly record high of $99 billion ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Mining company Xstrata's merger with commodities dealer Glencore may not go ahead unless the terms are improved for shareholders. The $90 billion deal, billed as a "merger of equals," is ...

Companies are trying to determine how best to monetize the untapped value in this hot, new asset class. 

CORPORATE FINANCING NEWS: GLOBAL EQUITY / DRS   By Gordon Platt   The US market for initial public offerings is off to a strong start in 2012, with anticipation building ahead of the expected $5 billion Facebook IPO, which will ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   Easing monetary conditions and economic stabilization have increased demand for higher-risk assets, despite worries about Europe's debt.   The Federal Reserve has pledged that the federal funds rate will remain ...

KEEPING IT VANILLA   By Vanessa Drucker   Corporate users of equity derivatives continue to seek out simple, transparent products. Until regulatory overhaul is complete, this tack is unlikely to change.   The ripples from the 2008 financial crisis continue ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   Ford Motor Credit, the finance arm of the second-largest US automaker, and General Electric, the world's biggest maker of diesel locomotives and jet engines, were first out of the gate ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Depositary receipt investors pushed trading to a record high last year, demonstrating the continued popularity of DRs, despite challenging market conditions.   While the amount of capital raised by corporate ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   China Three Gorges, a state-owned company that operates the world's largest hydropower project, bought a 21% stake in EDP, Portugal's largest company and utility.   The Chinese company also ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   New-issuance volume in the US high-yield market rose sharply in November, led by a $4 billion, two-part offering from Sprint Nextel, the third-largest US mobile network operator.   The Kansas company ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   New China Life Insurance raised $1.9 billion in an initial public offering in Hong Kong and Shanghai in December, but it was forced to price the issue at the bottom of ...

WINDOWS OF OPPORTUNITY   By Matt Greco   Global Finance sat down with Martin Fridson, high-yield market specialist and global credit strategist at BNP Paribas Asset Management, in early December to get his take on US and global debt markets ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Anglo American, one of the world’s largest mining companies, gained a long-coveted majority stake in diamond mining company De Beers, in one of two M&A deals that the British firm ...

COVER STORY: ALTERNATIVE FINANCING   By Laurence Neville   Small and medium-size companies are vital to economic growth and critical to corporate supply chains. Yet traditional lending is virtually closed to SMEs in most markets—certainly in developed markets of the West. ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   With market yields nearing 10%, investors rushed back into the high-yield corporate bond market in mid-October to take advantage of low prices and spreads to Treasury bonds of 900 basis ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Foreign buyers accounted for 76% of the total value of US oil and gas mergers and acquisitions in the third quarter of this year, with 22 deals valued at ...