Equity-Linked

  • Pinduoduo set for $6.1bn from jumbo fundraising

    Pinduoduo set for $6.1bn from jumbo fundraising

    The tripling of Chinese e-commerce firm Pinduoduo’s shares this year did little to deter investors from pouncing on its follow-on and convertible bond outing. It raised about $5.3bn from the combined transactions, paving the way for further expansion and growth.

  • Pinduoduo eyes $4.85bn from follow-on/CB combo

    Pinduoduo eyes $4.85bn from follow-on/CB combo

    Chinese e-commerce giant Pinduoduo has kicked off a multi-billion-dollar equity fundraising exercise, taking advantage of a sharp rally in its share price this year to aim for as much as $4.85bn.

  • Cebu Air seeks $500m to tackle Covid impact

    Cebu Air seeks $500m to tackle Covid impact

    Philippine carrier Cebu Air is looking to tap the equity markets for $500m, in an attempt to position itself for a recovery from the impact of the Covid-19 pandemic.

  • ESR Cayman delivers $350m hot debut convertible

    ESR Cayman delivers $350m hot debut convertible

    Hong Kong-listed ESR Cayman pulled off its first convertible bond this week, signalling an increasing flow of deals to come to the Asian equity-linked market. The company took advantage of its surging stock price and a hot reception from investors to raise $350m. Jonathan Breen reports.

  • ADM bags $850m from Wilmar block, EB combo

    ADM bags $850m from Wilmar block, EB combo

    US food and commodities firm Archer-Daniels-Midland Co has tapped the equity capital markets for the first time in more than a decade, using a concurrent block of Wilmar International shares and an exchangeable bond — with the same underlying stock — to raise $850m. Jonathan Breen reports.

Equity-linked archive