Europe’s Equity Bankers Rush to Get Deals Done as US Vote Nears
- Companies have raised nearly $76 billion so far this year
- US election, earnings blackout period set to slow activity
Polish convenience store giant Zabka Group leads October’s IPO hopefuls.
Photographer: Damian Lemanski/BloombergThis article is for subscribers only.
Equity capital market bankers are rushing to finalize a fresh slate of deals in Europe before the US presidential election and an earnings blackout period bring an anticipated slowdown in activity.
Fueled by rallying stock markets and the anticipated easing of interest rates, companies in the region have raised nearly $76 billion across European exchanges so far this year, an increase of 17% over the same period in 2023, according to data compiled by Bloomberg.