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Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Anna Repetto joins from Barclays
Craig Coben discusses whether it is possible to pursue one’s dreams outside of investment banking while keeping one’s options open about making a return
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In this round-up, the Shanghai-Hong Kong Stock Connect see steady volumes on its southbound channel, the Sino-German exchange in Frankfurt marks its first six months and HKEX offers new details on its expanded RMB futures. Plus, a recap of GlobalRMB’s top stories this week.
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Guangzhou Rural Commercial Bank has sent out a request for proposals to banks to lead its up to $1.5bn Hong Kong listing, said a source who has received the RFP.
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Hong Kong’s Jacobson Pharma Corp is preparing to launch its IPO in early July and is seeking $150m from the float, according to a source close to the situation.
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Central Bank of India plans to seek shareholder approval for a Rp30bn ($448.7m) equity fundraising slated for the 2016/2017 financial year.
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Siem Industries, a Cayman Islands-based holding company with diverse interests, issued on Thursday its third exchangeable bond into shares of Subsea 7, the underwater construction company listed in Oslo.
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Banco Popular Español is using an unusual syndicate structure for its rights issue after tense discussions over the deal’s terms with some of its closest relationship banks.
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