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RBL Bank’s qualified institutional placement (QIP) was multiple times covered within hours of launching on Tuesday in India, said a source familiar with the matter. -
Brait, the troubled South African investment company, managed to issue a £150m five year convertible bond on Wednesday, an essential piece of its restructuring plan, which includes a new strategy, a recapitalisation, including a rights issue, to repay debt and the sale of two UK assets.
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SPH Real Estate Investment Trust has bagged S$161.5m ($118.4m) after issuing a chunk of new stock.
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A shareholder group in Chinese education technology firm GSX Techedu have bagged $252m after selling a chunk of its US-listed stock.
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India’s third largest cement maker Shree Cement is one step closer to a qualified institutional placement (QIP) after getting the go-ahead from the securities regulator.
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A group of shareholders in GSX Techedu has launched a follow-on offering of the Chinese education technology firm’s US-listed stock.
