GDS seals $250m debut offering in equity-linked market

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By John Loh
31 May 2018

GDS Holdings added some much-needed diversity to Asia’s equity-linked market with its first print in the format on Thursday, which proved a hit with investors.

Left lead and stabilisation agent JP Morgan, as well as bookrunners Citi and RBC Capital Markets, launched the deal on Wednesday at 4am Hong Kong time. All three have worked with the issuer on a number of occasions, including its 2016 IPO and a $286m follow-on ...

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