Sea, Yageo return to CB market for $1.2bn
New York Stock Exchange-listed online gaming company Sea tapped equity-linked bond investors for $1bn this week, following a surge in its share price after it reported strong first quarter earnings.
The Singaporean company showed a 58% year-on-year jump in revenue to $914m and gross profit up 424% to $206.8m when it posted its first quarter 2020 results on Monday. Its American Depository Shares (ADS) climbed 12.15% through the day to close at $69.49 apiece.Goldman Sachs, sole bookrunner ...
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