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Investment bank of the Week: JP Morgan Cazenove

JP Morgan Cazenove is bank of the week after closing out the largest rights issue from a UK firm since 2010

JP Morgan Cazenove has picked up the prize for bank of the week after managing the largest rights issue from a UK firm since 2010.

DS Smith appointed JP Morgan Cazenove alongside HSBC as co-bookrunner for its £466m rights issue, which completed this week. RBS Hoare Govett was also a co-manager on the deal. The deal priced on Wednesday, with a shareholder take-up of 98.61%.

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