ECM: Equity Capital Markets

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

What are Equity Capital Markets (ECM) activities?

The Equity Capital Markets (ECM) department acts as an intermediary between market investors and the issuers of equity, or quasi-equity, as well as existing shareholders in a company who wish to sell a significant stake.

The types of transactions handled by this department include IPOs and new issues of shares or convertible bonds, as well as the sale of blocks of shares through what is known as a secondary market offering or an accelerated book building (ABB).

The Equity Capital Markets department, which generally includesorigination, structuring and syndication teams, assists issuers or sellers in the structuring of their transactions, the preparation of investor communications, the drafting of regulatory documentation relating to the transactions, etc. It bears the risk of successful completion of transactions when a performance guarantee is required (in the case of a capital increase with preferential subscription rights, for example). Finally, it relies on market operators (equity salespeople) to organize the roadshows where transactions are presented to prospective investors.

The clients of the Equity Capital Markets department include companies, financial institutions, and investment funds, as well as public entities and governments in the case of privatization. In rare instances, clients can be private individuals or families who hold shares in a company.

Discover

Our ECM Solutions

Our latest news and insights

Energy Risk Awards 2025
Societe Generale awarded "Commodity & Energy Finance House of the Year "by Energy Risk Magazine
Awards & Rankings
Societe Generale awarded "Commodity & Energy Finance House of the Year "by Energy Risk Magazine
Energy Risk Awards 2025
Verification of Payee: A new era in instant payment security
Verification of Payee: what will be the impact of this new security system on the processing of your payments?
Expert views
Verification of Payee: what will be the impact of this new security system on the processing of your payments?
Verification of Payee: A new era in instant payment security
Open Finance: Experimenting While Preserving Value Creation
Open Finance represents a new experimental ground, allowing clients to share their financial information with third...
Expert views
Open Finance represents a new experimental ground, allowing clients to share their financial information with third parties in order to benefit from personalised services. Emmanuelle Choukroun, Deputy Head of Interbank Relationships, explores the stakes, opportunities and challenges associated with this transformation, as well as the impact of regulations on...
Open Finance: Experimenting While Preserving Value Creation
More results google link