New York to Remain Strong Equity Option: Bankers

Nov 2, 2011

Despite a slowdown in new equity issuance caused partially by international investor risk aversion, ECM bankers and issuers are optimistic that New York-listed 144a deals can become a regular option once the markets reopen. This comes as Colombia’s Grupo Suramericana changed a planned international and domestic offering to local only. The COP3.9trn ($2.09bn) deal launched this week, in a market that has...

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