IndiGo shareholders land $197m fundraising safely

A secondary equity sale in InterGlobe Aviation, the parent of Indian budget airline IndiGo, netted Rp12.7bn ($197.4m) for two shareholders on Thursday.

  • By John Loh
  • 15 Dec 2017

Vendors Acquire Services and IGE Mauritius had launched the sell down using the stock exchange auction mechanism on Wednesday morning local time. The trade offered 11.2m shares or 2.9% of the company. Acquire and IGE sold 7.95m and 3.24m shares, respectively.

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 China Merchants Securities Co 18.47
2 Agricultural Bank of China (ABC) 16.20
2 CITIC Securities 16.20
4 China CITIC Bank Corp 14.58
5 Industrial and Commercial Bank of China (ICBC) 11.34

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1 Citi 8,204.66 32 8.72%
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4 China Securities Co Ltd 5,454.82 15 5.79%
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Rank Lead Manager Amount $m No of issues Share %
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1 HSBC 10,740.37 77 7.54%
2 Citi 8,012.60 53 5.63%
3 Goldman Sachs 7,087.22 26 4.98%
4 JPMorgan 7,025.39 30 4.93%
5 Bank of America Merrill Lynch 5,873.45 28 4.13%

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