Global Syndicate Community Reaches
28
Adds 2 Leading Diversity Underwriting
Firms
NEW YORK and
LONDON, March 2,
2023 /PRNewswire/ -- DirectBooks announced today that
Credit Agricole Corporate & Investment Bank, R. Seelaus &
Co. (Seelaus) and Siebert Williams Shank have joined the platform.
The recent additions increase the total number of underwriters live
on DirectBooks to 28.
Credit Agricole CIB offers a global syndicate
presence with operations in New
York, London and
Paris, and further strengthens the
global reach of the DirectBooks underwriting community. The
addition of Seelaus and Siebert
Williams represents an expansion of diversity firms joining
as underwriters. As part of its mission, DirectBooks focuses on
shared goals with the communities we serve, which includes a
commitment to Diversity, Equity and Inclusion in financial
services.
Earlier this year, DirectBooks celebrated another
milestone by surpassing 325 institutional investors in our user
community. Throughout 2023, DirectBooks will complete Sovereigns,
Supranationals and Agencies (SSAs) and Emerging Markets rollouts,
and will launch High Yield issuances.
"DirectBooks welcomes Credit Agricole CIB,
Seelaus and Siebert Williams as we
continue to fulfill our goal of broadening our global community of
underwriters," said DirectBooks CEO, Rich
Kerschner. "Through expansion and diversification, we
continue to align to our community's mandate of optimizing global
financing markets."
"Credit Agricole CIB is excited to partner with
DirectBooks as they transform the primary issuance experience,"
said Nicholas Leopardi, Head of U.S.
Debt Syndicate. "By centralizing deal information and streamlining
the process, we feel both issuers and investors will benefit from
the efficiency."
"Seelaus is committed to working with our clients
on the platforms they want to be on, and is looking forward to
joining the dealer community that DirectBooks is dedicated to
growing," said Annie Seelaus, CEO of
Seelaus. "The evolution of enhanced new issue communication is
proving to be imperative for both underwriters and investors which
is why we are excited to be a part of the positive change that
DirectBooks has to offer."
"Offering the standardization, efficiency and
transparency of DirectBooks helps Siebert
Williams better support the workflow of our investor clients
and issuer clients," said Matt Fijko, Head of Syndicate and
Corporate Trading at Siebert Williams Shank. "We are pleased to
join DirectBooks and look forward to utilizing this innovative
technology as we more frequently serve in a bookrunning capacity on
corporate debt issuances."
About DirectBooks
DirectBooks leverages its technology expertise
and market knowledge to optimize global financing markets. We are
simplifying the primary issuance process for fixed income by
streamlining communications workflows for underwriters and
institutional investors. DirectBooks was formed by 9 global banks,
consisting of Bank of America (NYSE:BAC), Barclays (NYSE:BCS), BNP
Paribas (FR:BNP), Citi (NYSE:C), Deutsche Bank (NYSE:DB), Goldman
Sachs (NYSE:GS), J.P. Morgan (NYSE:JPM), Morgan Stanley (NYSE:MS),
Wells Fargo (NYSE:WFC). A complete list of participating
underwriting firms can be found on our website. For additional
information, please visit us: www.DirectBooks.com
MEDIA CONTACT:
Chris Rodriguez
Chris.Rodriguez@DirectBooks.com
(848) 888-7704
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SOURCE DirectBooks