Meituan delivers $10bn share sale, CB combo to hungry Asian equity investors
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Asia

Meituan delivers $10bn share sale, CB combo to hungry Asian equity investors

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Meituan, a Chinese food delivery company, raised $10bn this week from a combined equity placement and convertible bond issue. Investors flocked to the deal for the investment grade rating and the offer of a highly liquid and volatile stock. Jonathan Breen reports.

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