Latest EMEA Equity-Linked news

• Korian issues €60m tap of hybrid perpetual CB

  

  Korian, the French operator of care homes for the elderly, has raised €60m via a tap of the popular €240m perpetual hybrid convertible bond it issued in June 2017.

  • 18 Sep 2018

• Sunshine 100 prints HK$750m convertible

  

  Mainland real estate developer Sunshine 100 China Holdings has raised HK$750m ($95.6m) from a five year convertible bond.

  • 18 Sep 2018

• Sumitomo Forestry issues first ever green convertible bond

  

  Sumitomo Forestry, the Japanese forestry company that specialises in housing, became the first ever issuer of a green convertible bond this week, pricing a ¥10bn ($90m) five year zero coupon note.

  • 14 Sep 2018

• SGL Carbon powers through convertible bond

  

  SGL Carbon, a carbon product manufacturer, has issued a €159.3m unsubordinated, unsecured convertible bond to refinance existing debt and increase flexibility for further company growth.

  • 13 Sep 2018

• Asia Cement seals $215m convertible at low end

  

  Asia Cement’s first convertible bond (CB) sale in five years was priced at the best end of terms for investors, which bankers away from the deal said was “extremely cheap”.

  • 11 Sep 2018

• JPM doubles tap of Ping An-linked EB to $100m

  

  JP Morgan doubled a tap of its exchangeable bond (EB) linked to shares of Ping An Insurance (Group) Company of China, raising $100m on Monday.

  • 11 Sep 2018

• Adidas scores with convert and others may follow

  

  European equity-linked investors binged on the first convertible bond of the autumn, gobbling up the €500m five year equity neutral bond issued by Adidas, the German sports equipment manufacturer, in a couple of hours. And there will be more to come, say bankers, who expect a pick-up in the convertible bond space.

  • 05 Sep 2018

• Conch Venture pulls off $500m debut convertible bond

  

  China Conch Venture Holdings has bagged HK$3.9bn ($500m) from its debut in the equity-linked market, riding on the back of its surging share price.

  • 30 Aug 2018

• Wuzhou bond default spree continues

  

  Chinese property developer Wuzhou International Holdings has failed to redeem a $100m convertible bond as well as part of a Rmb500m ($73m) onshore note, announcing the breaches just months after defaulting on a $300m bond.

  • 27 Aug 2018

• Bayer CB prompts trade to allay volatility after Monsanto cancer case

  

  Equity strategists at a bulge bracket bank are foreseeing volatility in Bayer’s share price around the time its €4bn mandatorily convertible bond matures next year, particularly because of its legal problems over a Monsanto weedkiller, and are pitching clients a strategy to profit from this, writes Costas Mourselas.

  • 23 Aug 2018

Equity-Linked news archive