Weigao makes solid landing with year’s first EB

By Rashmi Kumar
09 Jan 2020

Weigao Holding Co has sold a $150m bond exchangeable into the H-shares of Shandong Weigao Group Medical Polymer Co, notching a number of firsts in the process.

The equity-linked deal is not just the first exchangeable bond of 2020, but it is also the first EB from the healthcare industry in Asia Pacific, and the first from a medical devices company, said a source close to the situation.

Given these firsts, including the fact ...

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