Chaoda nets $356m combo before tumble
Chaoda Modern Agriculture raised $356m this week from a combination of new shares, convertible bonds and call options. Investors reacted strongly to the deal, but it quickly led to a sharp fall in the company’s share price.
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