Banco Santander, Peel Hunt Sign Underwriting Collaboration Agreement
April 26 2021 - 4:31AM
Dow Jones News
By Adria Calatayud
Spain's Banco Santander SA and U.K. investment bank Peel Hunt
have signed a collaboration agreement to underwrite U.K.
equity-capital-market transactions, they said Monday.
The agreement covers primary offerings such as rights issues and
placings to support merger-and-acquisition activity or bolster
corporate balance sheets, as well as secondary offerings such as
sales of large stakes by major shareholders, the banks said.
The banks said the collaboration seeks to combine Peel Hunt's
equity-capital-market expertise with the underwriting capabilities
of Santander's wholesale investment banking division.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
April 26, 2021 04:16 ET (08:16 GMT)
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