The outlook for equity capital markets issuance looks strong for the next three months and into next year, with a pipeline of about 30 listings confirmed that are set to raise more than $8.5bn (€5.9bn), according to data provider Thomson Financial.
European listings raised a record for the three months to December at $38bn, up marginally from $37.7bn in fourth quarter last year, and despite of concerns over a slowdown induced by the credit crisis.