Asia Cement increases CB after big investor demand
Asia Cement raised $172.5m in the convertible bond market last week, increasing the deal from a planned $125m size after big demand. Some bankers said the heavy demand showed the bond was mispriced, but a short supply of convertibles also contributed to the deal’s success.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts