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Booming metal prices could bring more equity deals
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Chinese streaming platform iQiyi has kicked off a combined convertible bond and follow-on offering that could raise around $1.7bn.
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Cellectis, the French gene-editing company, has launched a $100m US capital raising to help fund its research and development operations. The sector has had a record year for issuance in 2020, as the Covid-19 pandemic has concentrated minds on global healthcare innovation.
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AirAsia X is looking to raise MR500m ($123m) from a rights issue and a placement of new stock to some shareholders.
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Gore Street Energy Storage Fund, a UK energy storage infrastructure investor, has completed a £60m capital raise, to buy new energy storage projects.
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Fugro, the Dutch geo-data specialist, has completed its €197m rights issue, a key proponent in a large refinancing package that resolves longstanding issues around debt maturity.
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Nio has launched a US follow-on offering that could raise up to $2.71bn, becoming the third Chinese electric vehicle (EV) maker to tap the equity market in less than two weeks.