and sale of primary and process aluminium
products. Sales and Ebitda in 2017 were
L2.7bn and L566m, respectively.
Books close on July 16 with pricing on
July 17.
Deutsche Bank and UBS are joint
bookrunners, with Banca Comerciala Romana,
BRD, BT Capital Partners, Banca IMI and
Raiffeisen Centrobank.
SWEDEN
MEKONOMEN OUTLINES FINANCING FOR
FTZ AND INTER-TEAM BUYS
Auto parts group MEKONOMEN is acquiring
peers FTZ in Denmark and Inter-Team in
Poland for €395m on a cash and debt-free
BASIS ûWITHûPARTûOFûTHEûlNANCINGûTOûCOMEû
from a SKr1.65bn (US$188m) rights issue.
Mekonomen has also secured €395m in
BANKûlNANCING
Nordea is sole global coordinator and joint
bookrunner with SEB on the rights issue,
which requires shareholder approval. The
largest shareholder, LKQ with a 26.51%
stake, has undertaken to subscribe for its
pro rata stake, with Nordea and SEB
providing a volume underwrite for the
balance.
The rights issue is expected to complete in
the second half of the year.UK
GLOBAL SWITCH GETS NEW INVESTOR
AHEAD OF 2019 IPOStrategic IDC, a consortium of six Asian
institutional and private investors, has
acquired a 24.99% stake valued at £2.1bn in
data centre operator GLOBAL SWITCH.
The plan is to list Global Switch in 2019
on a stock exchange in Europe, Asia or
North America.
Founded in 1998, Global Switch is an
operator of large-scale carrier and cloud-
neutral data centres in Europe and
!SIA
0ACIlCû)TSûDATAûCENTRESûAREûOCCUPIEDûBYû
customers including government
ORGANISATIONS ûlNANCIALûINSTITUTIONS û
enterprises, telecommunication carriers,
cloud and managed service providers, and
other hosting businesses.
Unlike other data centre providers that
offer IT and cloud services, Global Switch isessentially a real estate company, building
and operating real estate with the right
power cooling and physical security
required by IT service providers.
The Strategic IDC consortium includes
existing investors in Global Switch including
AVIC Trust and the Hong Kong investment
arms of Haoyue Capital and Jiangsu Sha
Steel Group, and new investors including
China Citic Bank.
As part of the transaction, Global Switch
chairman Li Qiang will increase his stake to
4.8% from 0.7%. Existing investors
Aldersgate Investments and Elegant Jubilee
will have stakes of 24.01% and 51%,
respectively. Elegant Jubilee, another
consortium of private and institutional
investors from Asia, invested in Global
Switch in December 2016.TRITAX EUROBOX COMPLETES £300m IPOTritax has completed the £300m IPO of its
European logistics property fund TRITAX
EUROBOX, with trading due to begin on July 9.
The company will be focused on the
Continental European logistics market and
proceeds will be invested in acquiring a
portfolio of real estate assets.ALL FRENCH EQUITIES
BOOKRUNNERS: 1/1/2018–30/6/2018
Managing No of Total Share
bank or group issues US$(m) (%)
1 Goldman Sachs 5 1,673.77 28.7
2 SG 12 1,244.51 21.4
3 Credit Agricole 4 1,015.71 17.4
4 JP Morgan 1 544.55 9.4
5 Morgan Stanley 2 347.54 6.0
6 Oddo BHF SCA 6 257.59 4.4
7 BNP Paribas 2 162.53 2.8
8 Midcap Partners 5 113.21 1.9
9 Barclays 2 103.21 1.8
10 Natixis 3 84.65 1.5
Total 38 5,822.66
Including all domestic and international deals and rights issues
Source: Thomson Reuters SDC code: C4c2r
ALL GERMAN EQUITIES
BOOKRUNNERS: 1/1/2018–30/6/2018
Managing No of Total Share
bank or group issues US$(m) (%)
1 JP Morgan 9 3,404.75 13.3
2 Goldman Sachs 7 2,524.99 9.8
3 BAML 3 2,392.05 9.3
4 Citigroup 10 1,842.66 7.2
5 Credit Suisse 5 1,822.97 7.1
6 Deutsche Bank 7 1,582.87 6.2
7 Berenberg Bank 13 1,467.53 5.7
8 BNP Paribas 5 1,395.69 5.4
9 UBS 4 1,196.44 4.7
10 UniCredit 5 978.71 3.8
Total 44 25,683.18
Including all domestic and international deals and rights issues
Source: Thomson Reuters SDC code: C4c3rALL ITALIAN EQUITIES
BOOKRUNNERS: 1/1/2018–30/6/2018
Managing No of Total Share
bank or group issues US$(m) (%)
1 Mediobanca 6 546.22 19.9
2 Goldman Sachs 2 329.86 12.0
3 Equita SIM 3 277.18 10.1
4 BNP Paribas 2 245.48 9.0
5 Banca Akros 2 179.41 6.5
6 Morgan Stanley 3 148.30 5.4
7 Citigroup 2 132.18 4.8
8 BMPS 1 93.28 3.4
=8 BAML 1 93.28 3.4
10 Commerzbank 1 86.13 3.1
Total 12 2,739.85
Including all domestic and international deals and rights issues
Source: Thomson Reuters SDC code: C4c5rALL NORDIC EQUITIES
BOOKRUNNERS: 1/1/2018–30/6/2018
Managing No of Total Share
bank or group issues US$(m) (%)
1 Carnegie 22 1,379.29 13.7
2 Nordea 12 1,131.77 11.2
3 Credit Suisse 2 1,101.35 10.9
4 Citigroup 5 1,096.39 10.9
5 SEB 10 713.61 7.1
6 Danske Bank 9 637.12 6.3
7 Morgan Stanley 4 565.44 5.6
8 Sundal Collier 12 508.31 5.0
9 DNB 16 462.37 4.6
10 Deutsche Bank 4 383.84 3.8
Total 77 10,077.03
Including all domestic and international deals and rights issues
Source: Thomson Reuters SDC code: C4c7r
ALL SPANISH EQUITIES
BOOKRUNNERS: 1/1/2018–30/6/2018
Managing No of Total Share
bank or group issues US$(m) (%)
1 Citigroup 3 510.99 18.3
2 UBS 1 411.17 14.7
3 Deutsche Bank 3 316.77 11.3
4 Morgan Stanley 2 297.14 10.6
5 JP Morgan 3 250.89 9.0
6 Mediobanca 1 249.87 8.9
7 Santander Global 3 192.17 6.9
8 Goldman Sachs 2 184.34 6.6
9 SG 2 165.70 5.9
10 Barclays 1 67.47 2.4
Total 13 2,794.84
Including all domestic and international deals and rights issues
Source: Thomson Reuters SDC code: C4c4rALL UK EQUITIES
BOOKRUNNERS: 1/1/2018–30/6/2018
Managing No of Total Share
bank or group issues US$(m) (%)
1 Goldman Sachs 10 2,664.48 11.4
2 Barclays 13 2,505.29 10.7
3 JP Morgan 7 1,613.44 6.9
4 Citigroup 5 1,395.91 6.0
5 Investec 9 1,306.80 5.6
6 Numis 24 1,294.39 5.6
7 Morgan Stanley 3 1,090.09 4.7
8 HSBC 3 1,051.24 4.5
9 Stifel/KBW 8 1,020.92 4.4
10 Liberum Capital 12 939.38 4.0
Total 189 23,317.61
Including all domestic and international deals and rights issues
Source: Thomson Reuters SDC code: C4c1r