Capital Markets
European capital markets facilitate substantial annual equity and debt issuance. Understanding how companies access public markets helps entrepreneurs evaluate IPO readiness and alternative funding options.
- Top ECM Bookrunners
- Global investment banks competing for equity capital markets mandates across European exchanges
- Goldman Sachs
- Morgan Stanley
- Large cap IPOs, Follow ons, Blocks
- BNP Paribas
- European mid cap, Structured equity, Convertibles
- Swiss IPOs, Block trades, Private placements
- UK market, Rights issues, Accelerated bookbuilds
- Equity Capital Markets Products
- Different equity products serve various corporate objectives from initial listings to secondary offerings
- Initial Public Offerings (IPOs)
- First time equity offerings on public exchanges, providing liquidity and capital for growth
- Follow on Offerings
- Secondary equity offerings by already public companies to raise additional capital
- Convertible Bonds
- Hybrid securities combining fixed income with equity conversion optionality
- Block Trades
- Large accelerated sales of existing shares, typically by PE or strategic shareholders
- Debt Capital Markets Products
- European debt markets offer diverse funding options, with green bonds seeing strong growth
- European Stock Exchanges
- Major European exchanges compete for listings with distinct specialisations
- London Stock Exchange
- Deutsche Börse
- SIX Swiss Exchange
- Nasdaq Nordic
- Borsa Italiana
- What Drives IPO Valuations
- Understanding these factors helps entrepreneurs prepare for public markets
- IPO Readiness
- Companies with strong governance, audited financials, and a clear equity story command better valuations
- Market Timing
- IPO windows and market sentiment significantly impact pricing and execution success
- Investor Demand
- Strong institutional demand enables pricing at or above the range with a quality shareholder base
- Underwriter Quality
- Tier 1 banks provide better research coverage, distribution, and aftermarket support
- Dealogic ECM Analytics 2024, Bloomberg Capital Markets Review 2024/2025, Refinitiv DCM Report 2024, EY Global IPO Trends 2025, PwC IPO Watch Europe 2024, AFME Capital Markets Report 2024
- Assess Your IPO Readiness
- Get a professional valuation and understand how your company would be positioned for public markets.
- Perspective for what comes next.
- Free to start. No account needed for the instant benchmark.