Capital Raising & Corporate Finance

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   US government bond yields hit record lows in September, yet investors passed up big yields on corporate HY.   Even as yields on US government bonds fell to record lows ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Nippon Steel, Japan’s largest steelmaker, is acquiring rival Sumitomo Metal Industries to create the world’s second largest steel producer, at a time when global competition in the steel industry ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   The global pipeline of planned initial public offerings has grown to record proportions, with 332 companies waiting to issue IPOs valued at a total of $183 billion, according to Renaissance ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   The recent volatility in global equity markets and the heightened uncertainty around the global economic outlook forced a virtual shutdown of the market for initial public offerings in early August, just ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   Credit spreads widened dramatically during the turmoil in the credit markets this summer as the global economic outlook worsened, Standard & Poor’s stripped the US of its triple-A credit rating, and ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Transformations of technology companies are fueling multibillion-dollar mergers and acquisitions and divestitures, as the industry consolidates and develops new businesses to compete for corporate IT budgets.   Google’s $12.5 billion ...

FOCUS: TRADING SHIFTS TO EXCHANGES By Gordon Platt New rules to reduce systemic derivatives market risk and increase transparency are still evolving. As regulators on both sides of the Atlantic struggle to come to grips with new derivatives trading rules, ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   Capital raisings using depositary receipts (DRs) nearly tripled in the first half of 2011, compared to the same period a year earlier, while DR trading volume and the number of ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   The energy and power sector was the most active for worldwide mergers and acquisitions in the first half of 2011 as the value of global deals of all types ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   Weak economic signals gave a boost to bond prices in the second quarter, but rising economic risk in the US makes it unlikely that the fast pace of debt issuance ...

CORPORATE FINANCING NEWS / MERGERS & ACQUISITIONS   Corporate Finance Focus   by Gordon Platt   Corporations worldwide are using their cash stockpiles to make acquisitions and are driving M&A; activity to a higher level that confirms the bullish trend ...

CORPORATE FINANCING NEWS / CORPORATE DEBT   by Gordon Platt   The high-yield bond market felt the spillover effects in early June from a steep decline in prices of bonds backed by subprime mortgages, but US-based companies continue to tap ...

CORPORATE FINANCING NEWS — GLOBAL EQUITY/DRS   by Gordon Platt   The froth in the market for initial public offerings of China-based companies listing on major stock markets around the world has been blown away by renewed concern about accounting ...

CORPORATE FINANCING NEWS: CORPORATE DEBT   By Gordon Platt   High-yield bonds remained remarkably stable during the sell-off in global equity markets and the increase in global market volatility last month, but future gains in the prices of these below-investment-grade ...

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 ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   An expanding global economy with a healthy appetite for smart technology and mobile devices is spawning a wave of mergers and acquisitions in the technology sector.   Microsoft’s $8.5 ...

CORPORATE FINANCING NEWS:CORPORATE DEBT   By Gordon Platt   High-Yield Debt Issues Break Record   Source: KDP Investment Advisors Corporations worldwide issued more high-yield debt in the first quarter of this year than in any opening quarter since records began ...

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS   By Gordon Platt   China And Russia To Lead Capital Raising Using Depositary Receipts   Companies based in Russia and China are extremely interested in listing overseas and probably will be the biggest issuers ...

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS   By Gordon Platt   Mergers and acquisitions rebounded in 2010, and the momentum appears to be carrying over into this year.   The first three months of 2011 constituted the strongest quarter for ...

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 ...