Tags: banksRemove, rights issueRemove

The Philippine bank gets the go-ahead for its proposed rights issue and says it will fix the price on June 5 at a discount of up to 20% to 25% versus the 10- to 15-day VWAP.
By Anette Jönsson | 28 May 2012
The Chinese lender will tap both its A- and H-shareholders as it joins a long line of Chinese banks that are selling shares to boost their capital ratios.
By Lillian Liu | 11 April 2012
Indonesia's Bank Danamon sets an indicative price at a 15.8% to 28.1% discount to last Friday's close. The issue will open for subscription in mid-September.
By Anette Jönsson | 26 July 2011
The pipeline of financial sector deals continues to grow as China Merchants Bank announces plans to raise $5.4 billion from a rights issue.
By Anette Jönsson | 19 July 2011
The placement portion of Bank Mandiri's rights issue attracts more than $3 billion of international demand despite being priced at a tight discount to Terp. Meanwhile, Garuda ...
By Anette Jönsson | 26 January 2011
Investor education starts for the IPO of state-owned airline Garuda Indonesia, which could fetch about $500 million, while Bank Mandiri kicks off the domestic roadshow for its ...
By Anette Jönsson | 5 January 2011
Bank Negara Indonesia gets a head start on its $1.2 billion rights issue as the government's entitlement is sold to other investors at a 9.7% premium to the rights issue price.
By Anette Jönsson | 24 November 2010
BoA Merrill decides not to buy more shares in CCB and will sell its rights to Temasek instead. Meanwhile, ICBC confirms it is seeking to raise up to $6.8 billion from a rights ...
By Anette Jönsson | 12 November 2010
The long-awaited share sales are offered at discounts of around 40%.
By Anette Jönsson | 3 November 2010
Sources say Bank of America Merrill Lynch, Credit Suisse and Morgan Stanley will be involved in the rights issue which may raise up to $11 billion.
By Anette Jönsson | 20 July 2010
The rights issue, which will comprise both A- and H-shares, comes just ahead of Agricultural Bank of China's dual listing in Shanghai and Hong Kong which is expected to raise ...
By Anette Jönsson | 7 June 2010
The sale will bring the total amount of money sought by the country's four biggest publicly traded banks this year to approximately $26.6 billion.
By Lillian Liu | 3 May 2010
The country’s fifth-largest lender offers its shares at an average discount of 44.4% to the theoretical ex-rights price of its A- and H-shares.
By Lillian Liu | 3 March 2010
KB Financial Group, the owner of Kookmin Bank, raises $914 million from the rights issue after the underwriters pick up $9 million worth of stock that wasn't subscribed for.
By Anette Jönsson | 1 September 2009
The owner of Korea's Kookmin Bank has set the first reference price for its upcoming rights offering at W37,250. Meanwhile, Golden Agri and Pacific Andes say their respective ...
By Anette Jönsson | 23 July 2009
BoA-Merrill Lynch, Citi, Credit Suisse and J.P. Morgan lose their mandate for the $1.6 billion deal. The operator of Korea's Kookmin Bank hires Goldman Sachs and Morgan Stanley ...
By Anette Jönsson | 30 June 2009
Keppel Land is seeking $478 million from a rights issue that is 90% supported by its parent company, while Maybank says its $1.7 billion deal was 27.7% oversubscribed.
By Anette Jönsson | 28 April 2009
The $362 million offering is 99.9% covered excluding excess share applications and will lift the Indonesian lender's tier-1 capital ratio to 21.2%.
By Anette Jönsson | 22 April 2009
Temasek takes up its 39.7% entitlement, but CapitaLand completes the deal without calling on underwriters. Meanwhile, Shinhan sets the price for its rights issue at a 25% discount.
By Anette Jönsson, Daniel Inman | 16 March 2009
Malaysia's largest lender lives up to its promise and offers the shares at a 34.4% discount to the theoretical ex-rights price, but fails to halt the slide in its stock.
By Anette Jönsson | 10 March 2009
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