Exclusive: Cirdan debuts Uber rev conv to capitalise on lack of pricing from investment banks

Cirdan Capital Management has issued its first reverse convertible linked to Uber Technologies via the firm’s €2 billion Ireland-registered issuing vehicle SmartETN Plc. The deal Uber is the most anticipated initial public offering (IPO) of the year, one of the biggest in history, and its stock market launch has created a lot of interest in the investment community. “We thought a product that allows investors to invest in the company would resonate with investors,” said