Equity Capital Markets

Navigating Today’s Financial Markets with Expertise and Innovation

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Providing companies with strategic equity solutions

RBC has an unparalleled track record in the distribution of global equities, leveraging our top-tier global capital markets platform to deliver success for corporate clients.

From IPOs to Equity-Linked products

RBC leverages the full resources of our platform to offer fully integrated equity solutions.

Initial Public Offerings (IPOs)

Partnering with emerging and venture-backed companies in their pursuit of a public listing.

145+ Joint Bookrun IPOs executed
since 2020 in North America

Corporate Broking

Bringing high-touch broking and global reach to the UK mid-market.

Client first focus

At the heart of our corporate broking function is an unwavering commitment to our clients. We build our relationships as a trusted strategic adviser through our intensity of service, strength of ideas and ability to bring a unique product set to UK mid-market clients.

Leveraging RBC’s Global Network

We seamlessly integrate our global network with specialist product & sector teams, bringing the full weight of our leading investment bank to bear for clients. With a fully connected structure spanning key financial hubs, we provide exceptional access to capital markets, investors and advisory expertise. No matter where opportunities arise, our coordinated approach ensures that we can deliver the best of RBC to support our clients’ success.

Depth & breadth of expertise

We bring together a diverse team of seasoned professionals with extensive experience across sectors, geographies and financial products. From market insights to technical execution, our expertise enables us to navigate complexity and deliver impactful outcomes.

We are more than just transactional partners; we are strategic advisors committed to our clients’ success over the long-term. Our relationships are underpinned by a detailed understanding of our clients’ businesses and ambitions, ensuring every decision we support is aligned with sustainable growth and enduring value creation for all stakeholders.
Adam Miller

Head, Corporate Broking

Follow-On Offerings (Primary and Secondary)

Advising publicly traded corporates on transformational equity raises and sponsors monetizing their ownership.

$2.7 trillion of capital raised
since 2020 in North America
Equity markets – and equity investors – have shown incredible resilience in 2026. We have managed to compartmentalize both sector-specific and global macro shocks unlike ever before, and the re-opening of the IPO market amidst this backdrop has been encouraging. Investor engagement is as strong as we have seen in years, with institutional buyers demonstrating genuine appetite for differentiated stories and companies with durable growth characteristics. For companies with the right fundamentals – appropriate scale, credible growth trajectories, and management teams prepared for public company rigor – the window is open.
Mike Ventura
Co-Head, U.S. Equity Capital Markets

Equity-Linked Offerings

Executing bespoke and regular-way convertible financings for SMID and Large-Cap corporate clients.

200+ Joint Bookrun Convertibles and 132+ Call Spread Overlays & Capped Calls Executed
since 2020 in North America
The Equity-Linked Market is on pace for a record year in 2026 in terms of issuance volumes. Cap Ex spend around AI is driving much of the volumes with data centers, power companies, hyperscalers etc all accessing the market to diversify their funding tools. Valuations in the convertible market are incredibly robust with convertible indices materially outpacing equity market returns, driven (in large part) by elevated volatility. Investor appetite for the product remains very strong.
Richard Duffield
Managing Director, U.S. Equity-Linked Origination

Structured Equity Solutions

Delivering innovative products for corporate and sponsor clients across the globe.


Power lines

Spotlight Deal

 

PPL Capital Funding issues $900m award-winning convertible bond

RBC Capital Markets acted as joint bookrunner to PPL Capital Funding on the first convertible bond issuance from a utility in over a decade.

Equity Capital Markets coverage across industries

Proven impact, trusted partnerships

Explore select recent leading global equity transactions. 

Featured insights

Get the latest perspectives from RBC's ECM Leaders.

RBC Capital Markets’ Global Conferences

Learn about RBC’s upcoming in-person and virtual conferences, bringing together Equity Research, Leading Corporations and Institutional Investors from around the world.

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