GC
51job seeks equity-linked investors for three year role
Human resources marketplace 51job.com is the latest in a line of Chinese technology companies to come to the US market, launching a $150m five year put three convertible bond.
The transaction opened after the Wednesday market close in the US, at around 4.30am Hong Kong time on Thursday, and will be marketed for 24 hours, with pricing due on Friday. There is a 15% greenshoe option of $22.5m.
The structure – five year put three – is ...Already a subscriber? Login
