Equity-Linked

  • Cebu Air seeks $500m to tackle Covid impact

    Cebu Air seeks $500m to tackle Covid impact

    Philippine carrier Cebu Air is looking to tap the equity markets for $500m, in an attempt to position itself for a recovery from the impact of the Covid-19 pandemic.

  • ESR Cayman delivers $350m hot debut convertible

    ESR Cayman delivers $350m hot debut convertible

    Hong Kong-listed ESR Cayman pulled off its first convertible bond this week, signalling an increasing flow of deals to come to the Asian equity-linked market. The company took advantage of its surging stock price and a hot reception from investors to raise $350m. Jonathan Breen reports.

  • ADM bags $850m from Wilmar block, EB combo

    ADM bags $850m from Wilmar block, EB combo

    US food and commodities firm Archer-Daniels-Midland Co has tapped the equity capital markets for the first time in more than a decade, using a concurrent block of Wilmar International shares and an exchangeable bond — with the same underlying stock — to raise $850m. Jonathan Breen reports.

  • Bilibili launches $650m ADS convertible bond

    Bilibili launches $650m ADS convertible bond

    Chinese streaming platform Bilibili returned to the equity-linked market on Thursday, kicking off bookbuilding for a $650m convertible bond, according to a source familiar with the matter.

  • Sea, Yageo return to CB market for $1.2bn

    Sea, Yageo return to CB market for $1.2bn

    New York Stock Exchange-listed online gaming company Sea tapped equity-linked bond investors for $1bn this week, following a surge in its share price after it reported strong first quarter earnings.

Equity-linked archive