Southeast Asian placements raise a combined $565 million

International Container Terminal in the Philippines raises $199 million of fresh capital, while Thailand’s Central Pattana and two shareholders pocket a combined $366 million.

After a couple of weeks of light placement activity, the market got a boost last night with two sizeable deals. And it was probably not a coincidence that they came from two of the best performing markets in Asia this year. With full-year and first quarter earnings reports now largely out of the way, issuers are taking advantage of the share price gains to raise fresh capital.

The first company to hit the market yesterday...

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