Insight
Q1 2018 Loan Market Highlights
Jumbo loans hide timid activity While global loan volume crossed the $1tr mark ($1.03tr) in Q1, jumbo loans ($1bn+) accounted for 64.2% of the total (the highest Q1 share on record), with the likes of Axa, Keurig Green, and PRPC Refinery tapping the market for new money via jumbo facilities. Jumbo volume masked a 29% […]
Insight
Q1 2018 M&A Highlights
Fastest start on record On the back of the strong momentum from late 2017, Q1 2018 global announced M&A volume reached $1.12tr. This is the fastest Q1 ever, surpassing the previous two record years: 2007 ($1.08tr) and 2000 ($1.06tr). It was also significantly above the 23-year average Q1 volume ($0.62tr). Deal size balloons […]
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Q1 2018 ECM Highlights
January record in a volatile quarter The ECM market kicked off the year with $10.5bn raised globally in the first week alone, with total volume by the end of January standing at $76.7bn—a new record for the month (eclipsing $63.6bn in January 2014). Issuance was then dampened following market volatility in early February which led […]
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Q1 2018 DCM Highlights
A strong quarter, which could have been better Global DCM markets had a robust start of the year with volume in Q1 totaling $1.89tr from 5,479 deals. This was the second strongest initial quarter since 2013 ($1.98tr issued last year) and the third largest in total for the past 10 years ($2.02tr in Q1 2012). […]
Insight
See behind M&A's trillion-dollar record
Global announced M&A had the fastest start on record this year, with volume growing 50% year-on-year to breach $1tr in March. Our Global Head of Research, Christian Dresler, dissects the driving forces behind this achievement. Contact us for the underlying analysis on global M&A, or learn more about the powerful Dealogic platform.
Insight
Micro Focus and an $80bn debt wall
Micro Focus takes a plunge Earlier this month, UK tech firm Micro Focus International plc issued a sales warning, which subsequently saw its share price plummet by 46% and the departure of its CEO.1 The company had financed its acquisition of Hewlett Packard Enterprise’s software business last year with $5.5bn in leveraged loans. Micro Focus […]
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Dropbox has plenty of space for $756m IPO
Data-sharing and cloud-storage firm Dropbox raised a total of $756m from its IPO, valuing the company at more than $8bn. It marked the largest IPO from a US tech company since Snap’s debut last March. As a trusted financial platform partner, Dealogic helped the bookrunners seamlessly execute the transaction through the DealManager network. Transaction Details—Dropbox […]
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Carve-out volume at record high
Q1 record with a week to go With more than a week to go until the end of quarter, global carve-out IPO volume has already hit a record Q1 level. Carve-out volume totaled $8.5bn this YTD, aided in large part by the $4.5bn IPO of Siemens Healthineers and the $2.6bn IPO of PagSeguro Digital. A […]
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China's offshore buying spree slumps to 7-year low
China outbound M&A fell off a cliff this YTD as big players dropped out and countries took up protectionist policies. Our Head of M&A Research, Chunshek Chan, explores the market for bright spots. Dealogic is a content partner to the upcoming Caixin Capital Markets Achievement Awards, covering topics like China M&A advisory. Learn more here. […]
Insight
M&A sprints past $1tr
The brisk pace of M&A hasn’t shown signs of slowing, setting a new record high as we near the end of Q1 2018. Fastest start on record On the back of strong momentum from late 2017, YTD global announced M&A volume breached $1tr on March 20. This is the fastest start to a year ever, surpassing […]