AdvertisementWall Street bankers tasked with helping companies raise money through sales of stock just got an early Christmas present.
The sale ended up raising nearly $21 billion, marking one of the largest deals for US equity-capital-markets bankers in history.
Thanks to the Boeing capital raise, he now predicts ECM bonus increases of 30%, he said.
'A rising tide lifts all boats,' comp expert saysThe ultimate size of Boeing's capital raise puts it in league with some of the largest raises ever, according to global equity capital raise data provided by LSEG.
But, based on Johnson's forecast, it seems those involved in the Boeing capital raise may find themselves flying highest on bonus day.
Persons:
Goldman Sachs, —, bookrunners Goldman Sachs, Morgan Stanley, Alan Johnson, Johnson, Semafor, Thoma Bravo, It's, they've
Organizations:
Boeing, PJT Partners, RBC Capital Markets, Service, Monday, Bank of America, Citigroup, JPMorgan, Wall, Johnson Associates, LSEG, Petrobras, Lloyds, Nasdaq
Locations:
Brazilian, British