Market reminds bankers to wrap up early

摘要

Three of the four accelerated bookbuilds launched on Wednesday afternoon were priced within a couple of hours, avoiding the worst effects of the equity sell-off that followed chairwoman Janet Yellen's first Fed meeting and highlighting the advantage of a quick bookbuild. Goldman Sachs had a hand in two of the trades, teaming up with Jefferies to sell 23.9% of arrow global on behalf of RBS, while working with JP Morgan to sell the entire 21.8% stake of Doughty Hanson in cable tie manufacturer HELLERMANTYTON.