Neptune’s shares slump as CSFB loses on bought deal
Credit Suisse First Boston on Tuesday completed a S$548m placement of stock in Singapore's government linked shipping company Neptune Orient Lines.
However, the bank had to sell the stock below the price at which it had bought the block from the government over the weekend.
Neptune completed the 236m share ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
Further Reading
-
Corporate Bonds
Outlook brightens for UK PLC, but Brexit will bite soon
-
GlobalRMB
China market round-up: CPI rises, November credit data surprises, China sets up oil and gas giant
-
GlobalRMB
China policy round-up: Trump said to sign trade deal, China wraps up annual economic planning meeting, Macau to become contingency plan for Hong Kong
-
Asia - Leveraged/non-investment grade
China Biologic seeks financing for take-private
