Siemens carve-out delivers healthcare record
Siemens saw the world’s largest healthcare IPO on record with the carve-out of its medical technology business, Siemens Healthineers. At $4.5bn, it was the biggest global IPO in 17 months. As a trusted financial platform partner, Dealogic helped bookrunners seamlessly execute the transaction through the DealManager network. The IPO was also available on Dealogic Connect, allowing […]
Will 2018 LBO volume ignite a new refinancing wave?
Will growth continue in 2018? In the last 5 years, new financing leveraged buyout (LBO) loans saw the highest year-on-year growth in 2017, with volume up 38% globally. Region-wise, not only was Americas volume strong, but the number of deals also increased—up 42% to 310 deals in 2017 from 218 in 2016. In EMEA and […]
Déjà vu for US-listed IPOs?
Second-best start on record after 2000 US-listed IPOs stood at $11.9bn in the first 2 months of 2018, marking the second-highest volume on record after the same period in 2000 ($14.2bn). With stock markets indices—including S&P, Dow Jones, and Nasdaq—still near their all-time highs, and the VIX trending upwards to 19.85 at the end of […]
Europe puts the brakes on Chinese outbound acquisitions
As Chinese outbound acquisitions grow and shift towards regions like Western Europe and North Asia, regulators are paying closer attention. Shifts in China outbound M&A China outbound M&A has grown in the past decade, but its composition has shifted for both acquirors and targets towards new sources of growth. Among outbound deals over $500m, the majority […]
Senior Relationship Associate - Buyside
The Relationship Team is responsible for maximising the value clients get from the Dealogic platform. They represent the frontline of Dealogic focused on retaining revenue and increasing adoption and usage of its products through driving continuous value for clients and maintaining and developing long term partnerships.
Changing benchmarks rile up yields
Recent yield increases for US Treasury and German Bund notes have impacted the high-yield market. A shift away from issuer-friendly markets Yields on US Treasury notes reached historical heights this past week, increasing for all tenors; the 2-year Treasury yield hit the highest level since September 2008, while the 10-year yield hit the highest in […]
MiFID II and the effect on capital markets dealmaking
MiFID II went into effect on January 3 this year, and three main areas are affected: allocation justification, transaction reporting, and order record keeping. Our Head of DXConnect, Ameeta Patel, looks at the implications for banks. Contact us for more on MiFID II and the effect of on dealmaking, or ask us about Dealogic […]
Future of US renewables on the edge
In 2017, US renewable energy project financing declined year-on-year in both volume and activity as non-renewables recovered. Shadowed by the tax-credit fight With the US Congress fighting over tax credits that would encourage investments into renewable energy projects, the market’s 2017 performance reflected worries that these incentives would come to a halt. Previously, renewables in […]
Sustainable finance bonds had a record year
Global sustainable finance soared 58% to a record $139.8bn in 2017. The increase was attributed to Q4 volume of $42.8bn, the highest quarter on record. Corporate issuance grows Global corporate sustainable finance jumped 76% to a record $44.1bn, with EMEA accounting for 47.3% of such volume. While green bond issuance grew, the average deal size, […]