Top Section/Ad
Top Section/Ad
Most recent
International tension has propelled valuations in the sector up, tempting issuers
String of smaller IPOs, convertibles come to market
Third equity-linked deal appears as ECM ramps up
More articles/Ad
More articles/Ad
More articles
-
German LEG Immobilien launched a €300m convertible bond on Monday, the latest property firm to take advantage of the strong equity-linked market. -
Chine online game and software developer Kingsoft Corp’s second foray into the equity-linked market was a resounding success as investors showed no price sensitivity whatsoever for its HK$2.33bn ($300m) 2019 convertible bond.
-
Human resources marketplace 51job.com priced its equity linked deal at the bottom, as hedge funds pushed for a low conversion premium to compensate for a lack of liquidity and high cost of stock borrow.
-
Baosteel Group Corporation is planning to issue up to Rmb4bn ($644m) of exchangeable bonds, which would be the first issue of its kind in China’s public bond market.
-
Italian media firm Gruppo Editoriale L’Espresso raised €100m through a convertible bond on Wednesday, seizing on excitement around southern Europe to price at the best terms for the issuer despite the deal's small size.
-
Dutch shop focused property firm Vastned raised €110m through a 2019 convertible bond on Thursday, bringing yet more supply from the real estate sector but pricing its deal tightly in a market otherwise starved of paper.
