Calyon offers a full range of products and services in capital markets, brokerage, investment banking, structured finance, commercial banking and international private banking.
Primary Equity Capital Markets
Initial public offerings, capital increases, bond issues - the Primary Equity Capital Markets business line handles all the business of issuing equities globally.
Details of the offer
The Primary Equity Capital Markets business line is responsible for businesses that provide access to new capital:
- Primary issues
- Initial public offerings
- Privatisations (opening capital to non-governmental investors).
In particular, it is in charge of capital increases, secondary offers and issuance of convertible bonds, exchangeable bonds and other hybrid products for the large and mid cap primary market.
2007 Highlights
In 2007, Calyon contributed €1 billion to the success of Rexel’s initial public offering in its capacity as joint bookrunner, and €1 billion to the secondary placement of Vicat’s shares as joint bookrunner and joint global coordinator.
Calyon also led, as joint bookrunner, the initial public offering of Olympique Lyonnais in France’s first IPO for a football club.
In hybrid securities, Calyon was joint bookrunner for Rhodia and Michelin’s OCEANE issues. The Michelin issue, for €700 million, was the largest in France in the past three years.
