Samsung Life anchors Asia’s equity markets
Investors responded enthusiastically to Samsung Life’s record breaking IPO, while Axiata’s US$300 million bond issue also ignited interest. Asiamoney.com rounds up last week’s regional capital markets activity.
Samsung Life Insurance made a splash last week when it raised W4.9 trillion (US$4.4 billion) in what is South Korea’s largest IPO to date.
The firm, which is the country’s largest insurer, sold 44.4 million shares at W110,000, close to the top of its W90,000 to W115,000 indicative
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.