Market volatility, high interest rates push down Canadian fund raising

Rogers Communications Inc.’s $4.2-billion debt issue in March was the largest corporate debt issuance in the first half of the year, followed by TransCanada Pipeline.

Among companies, Bausch & Lomb Inc.’s $914-million equity issuance and Xenon Pharmaceuticals $359.2-million equity fund raising led the chart for the first half of 2022. “Deal-making in the short term might be trickier given current market volatilities, but neither companies nor private equity players can or will wait for the bottom to make strategic acquisitions or investments,” said Jeffrey Singer, chair of Toronto-based M&A advisory law firm Stikeman Elliott.

Bank of Montreal led the league table in investment banking across Canadian equity, common stocks/trusts and secondary offers, while Morgan Stanley led the table on initial public offerings. Canadian Imperial Bank of Commerce led the retail structural products.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vancouver an 'important market' for Italian luxury brand GucciVancouver an \u0027important market\u0027 for Italian luxury brand Gucci, Susan Chokachi, the president and CEO of Gucci Americas, says.
Source: VancouverSun - 🏆 49. / 61 Read more »

These twelve U.S. tech stocks have withstood market sell-offWe are looking for U.S. technology companies that have held their own during the market downturn
Source: globeandmail - 🏆 5. / 92 Read more »

Recession fears deal blow to rare 2022 market winner: U.S. energy sharesInvestors are now taking take profits in one of the few corners that has thrived this year. What goes up…
Source: globeandmail - 🏆 5. / 92 Read more »

Rare Vacant Toronto Waterfront Property Hits the Market for $9.8MAn incredibly rare chance to own a piece of the Toronto waterfront has just come up, and the property will only cost you a mere $9.8M.
Source: storeyspub - 🏆 16. / 74 Read more »

Variable Mortgages Now Make Up More Than Half of the MarketMortgage debt taken on by Canadians over the last two years has surged, especially in the inherently riskier variable-rate segment. CMHC_ca realestatenews
Source: storeyspub - 🏆 16. / 74 Read more »

The Free Agency Goalie Market | The Daily Faceoff ShowMike McKenna took a look at the free agency goalie market this summer. For more from Daily Faceoff:Website: https://www.dailyfaceoff.com/Twitter: https://twi...
Source: DailyFaceoff - 🏆 25. / 68 Read more »