It has not been the best of years for shipping investment bankers. Deals are down, capital markets are slow and the year will end without a conventional initial public offering (IPO) for the first time since 2009.
But there are still deals to be had, and investment bank Morgan Stanley recently headed up two significant ones: Costamare’s $72m follow-on shares issue; and the Saverys family’s Hunter Maritime Acquisition blank-cheque raise of $150m.
TradeWinds
