.png){kind=logo}
GC Asia
-
Meituan bags $10bn with mega CB-equity placement combo
Food delivery giant Meituan has raised close to $10bn from an overnight sale of shares and convertible bonds, getting solid interest from investors and raising money to ramp up its investment into the technology part of its business.
08.00 AM -
Vingroup scores with novel exchangeable
Vingroup Joint Stock Company raised $500m from an exchangeable bond this week, selling the largest equity-linked transaction from Vietnam — and developing the market by using novel structural features never seen before in the country. Rashmi Kumar reports.
14 Apr 2021 -
Nexity continues new wave of European convertible issuance
Nexity has returned to the equity-linked market with the sale of a new €270m seven year convertible bond.
13 Apr 2021 -
Pandemic winners and losers raid Europe’s convertible bond market
Europe’s primary convertible bond market has reopened after the Easter break with two new deals on Friday from issuers with very different sector profiles.
09 Apr 2021 -
Europe’s beaten-up stocks soar, spurring convertible issuance
With European stocks on a tear ahead of the expected post-Covid economic reopening of the continent later this year, the convertible bond market is expected to be active as companies seek to raise capital to position themselves for the recovery.
08 Apr 2021 -
Electric vehicle maker Li Auto charges $750m CB
Chinese electric vehicle manufacturer Li Auto has raised $750m from its debut convertible bond, pricing the deal at the investor-friendly end of the marketed range.
08 Apr 2021 -
EV maker Li Auto kicks off $750m CB
Chinese electric vehicle maker Li Auto has launched its debut convertible bond, aiming to raise $750m amid a rebound in US stock markets.
07 Apr 2021 -
Bruxelles Lambert places fresh €500m convertible
Belgian investment company Groupe Bruxelles Lambert has raised €500m of financing at a deeply negative yield through a new bond convertible into treasury shares.
24 Mar 2021 -
Dufry issues new convertible as old bond converts early
Dufry, the Swiss duty-free concession operator, has issued a new five-year Sfr500m convertible bond to help refinance the Sfr350m three-year convertible it received in April 2020 following the initial onset of the pandemic, which caused a collapse in the company’s share price.
24 Mar 2021 -
Vingroup seeks shareholder nod for record $500m CB
Vietnamese conglomerate Vingroup is waiting for the greenlight from its shareholders to sell its first international convertible bond.
24 Mar 2021
