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  • Helios Towers, the Africa-focused telecoms infrastructure company, has sold a new $250m convertible bond to finance its pipeline of tower assets.
  • L Catterton Asia Acquisition Corp has bagged $250m from its Nasdaq IPO, as it becomes the latest special purpose acquisition company (Spac) focused on Asia to list in the US.
  • Secondary listings in Hong Kong got a fresh boost this week with online car marketplace Autohome pricing its deal and internet giant Baidu getting ready to roll out its transaction. More homecomings by US-listed Chinese companies are in the pipeline, but the number of viable candidates is shrinking, writes Jonathan Breen.
  • Coupang, a South Korean e-commerce company, scooped up $4.2bn from its IPO this week, after pricing the deal above the marketed range. It is the largest US listing from Asia since Alibaba Group Holding raised $25bn seven years ago.
  • The Restaurant Group, the owner of numerous UK dining brands including Wagamama and Frankie & Benny’s, launched a £175m equity raising on Wednesday to see it through to the end of the UK’s Covid-19 lockdown.
  • Swedish pharmaceutical company Oncopeptides has placed Skr1.1bn ($132m) of new shares to finance the commercialisation of its lead product candidate in the United States, and the development of other treatments.
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