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◆ The threat of US corporate issuance to European borrowers ◆ The new funding environment for Middle East banks ◆ Reviving UK equity capital markets
Holdings down 16.4% from almost a quarter after institutional bookbuild and off-market buyback deal
Deal multiple times oversubscribed as investors buy into electrification and AI story
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  • The Singapore Exchange is closing the year with some hope thanks to BHG Retail Real Estate Investment Trust (Reit), which has raised S$255.8m ($181m) from the country’s first mainboard IPO of the year.
  • A pair of Indian healthcare companies, Alkem Laboratories and Dr Lal Pathlabs, launched their respective IPOs on Tuesday and have already managed to attract plenty of investor interest.
  • Huishang Bank Corp has come a step closer to launching its H-share private placement in Hong Kong, after the China Securities Regulatory Commission (CSRC) approved the sale on Monday.
  • American International Group raised HK$5.83bn ($752.26m) from an overnight share sale in PICC Property and Casualty Co on Monday, as it seized what bankers say may be the last window for such a large block before the end of the year.
  • Simon Cox is joining Credit Suisse as managing director and co-head of equity capital markets for Australia, leaving UBS where he worked since 2008.
  • The Singapore Exchange (SGX) has rearranged its organisational structure, integrating its sales and product teams into one that is focused on client solutions.
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