Top Section/Ad
Top Section/Ad
Most recent
Mid-cap equity-linked issuance to grow
Schneider refinances Indian acquisition as Wendel uses derivatives to delever
Airline follows Qiagen issue last week
Conditions attractive for convertible issuers to refinance
More articles/Ad
More articles/Ad
More articles
-
Groupe SEB, the French maker of household appliances, issued its first convertible bond on Tuesday, raising €150m at a negative yield, as part of the financing for an acquisition.
-
Steve Lam, a Hong Kong-based director in Citi’s capital markets origination team, has left, according to sources close to the matter. -
Metals producer Hindalco Industries, a unit of Indian conglomerate Aditya Birla Group, is planning to raise Rp50bn ($738.0m) in fresh funds, according to a stock exchange filing.
-
Sirius Minerals completed an $855m equity financing on Wednesday, for the first stage of its plan to build a fertiliser mine in a National Park in North Yorkshire. Priced on Thursday morning, the $400m convertible bond — too risky for many conventional investors — is already trading in the money.
-
Hydropower firm China Yangtze Power Co debuted in the equity-linked bond market this week, raising $521.9m with a dual currency exchangeable bond — a product rarely seen in Asia. The liquid nature of the underlying stock and the credit quality of the issuer helped reel in demand, writes Jonathan Breen.
-
Into a gloomy equity capital market where the expected line-up of deals has been decimated by investor risk-aversion, Sirius Minerals today launched a rare and challenging transaction, combining a capital increase and convertible bond that amount to a $940m project financing for a potash mine in the north of England.
