SK E&S pockets HK$11.6bn from China Gas block

By Jonathan Breen
17 Apr 2020

SK E&S, a South Korean energy company, has raised HK$11.55bn ($1.49bn) by selling most of its shares in China Gas Holdings near the top of the marketed range.

Bookrunners Citi and Credit Suisse kicked off an accelerated bookbuild for the block trade after Hong Kong’s stock market closed on Thursday.

The duo had wall-crossed investors throughout the day before launching the deal, securing a handful of key anchor accounts, according to a source familiar with the matter. ...

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