Top Section/Ad
Top Section/Ad
Most recent
TAO Alpha helps bring Bitcoin acquisition convertibles to European market
Autodoc postpones IPO, cites “geopolitical situation”
Second sizeable French ECM deal this week after Ayvens block
Innoscripta listing a rare miss in hot market
More articles/Ad
More articles/Ad
More articles
-
The Malaysian government’s strategic investment fund, Khazanah Nasional, launched a five year exchangeable sukuk worth as much as $750m on Wednesday. However, its refusal to accept anything but the most ambitious terms led it to pull the deal the following day, making it a high profile casualty in what has been a resurgent Asian equity-linked primary market this year, writes Rev Hui. -
Hong Kong listed Semiconductor Manufacturing International Corp (SMIC) raised HK$1.55bn ($200m) on Wednesday from a top-up placement that was complemented by a $95m tap of the company’s 2018 convertible bond.
-
Portuguese retailer Sonae raised €200m through a convertible bond on Wednesday, finding strong demand for the vanilla deal despite a much larger bond being sold the same morning.
-
Travel retailer Dufry has begun its Sfr1bn ($1.116bn) capital raising to finance its acquisition of Swiss duty free retailer Nuance Group with the launch of a 2015 mandatory convertible bond on Wednesday evening.
-
The foundation owner of German chemicals firm Evonik began to reduce its stake through an exchangeable bond on Wednesday, with the deal being increased in size after investors rushed in for rare exposure to a high quality equity-linked bond.
-
French phone firm Alcatel-Lucent priced its €1bn, two tranche convertible bond at the tight end of terms on Monday in what bankers hope will be an advert for the product after a quiet 2014. The deal brings the company's turnaround plan towards its close.
