Hope Education nets $595m from equity fundraising combo

By Jonathan Breen
23 Feb 2021

Hong Kong-listed Hope Education Group has tapped equity investors for $595.5m from a combined top-up share placement and debut convertible bond.

The Chinese private higher education provider turned to the market on Monday evening in Hong Kong, with Credit Suisse as manager and placing agent for the fundraising.

The bank launched bookbuilding for the CB and top-up after trading ended for the day. Hope Education sold 680m shares ...

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