Australia’s CBA underpins Asia market activity

12 Oct 2009

Commonwealth Bank of Australia raised US$5.8 billion via the issue of bonds and convertible securities last week to underpin activity in the region’s equity and debt markets, while IPO issuance fell sharply. Asiamoney.com rounds up the key Asia-Pacific ex-Japan capital market activity.

Commonwealth Bank of Australia (CBA) wowed Asia-Pacific’s capital markets last week when it raised a bumper US$5.8 billion from equity and debt transactions.

It sold a US$4 billion bond and raised US$1.8 billion from convertible securities – which were respectively the largest debt and equity deals in the ...

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