ENN Energy issues $500 million CB

The natural gas supplier follows the lead from Shanghai Industrial with another aggressively priced deal.

ENN Energy issues $500 million CB

ENN Energy Holdings, a supplier of natural gas and other clean energy products in China, has become the fourth Asian company in two weeks to tap the equity-linked market.

The company last night sold $500 million of convertible bonds in a deal that was pretty similar to the slightly larger $503 million CB printed by Shanghai Industrial on January 16.

The two Hong Kong-listed companies have a similar market capitalisation and were...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...