The Chinese e-commerce company defies challenging markets as it raises a combination of debt and equity to cut Yahoo’s stake to 23%.
The tightly priced transaction is well received and is expected to encourage other financial sponsors to take profits as the Indian stock market recovers.
The financing unit of Larsen & Toubro will offer $36 million worth of shares to anchor investors tomorrow and will open its order books for other investors on Wednesday.
Power Finance Corp replenishes its capital base by selling new shares, while the government divests a 5% stake.
The price is fixed at W42,800 per share for a total deal size of $1.28 billion, making it the largest primary placement in Korea ever.
PayPal suspends payments for Japanese users, while JBIC steps up financing facilities in Asia.
Some prudent financial planning by BOC Aviation's CFO Thim Fatt Phang allowed the company to capitalise on the downturn.
China Gas CFO Eric Leung is ready to add treasury to his myriad hats.
Asian Bamboo CFO Peter Sjovall talks about his company's evolving cash management needs.
Power sector financing company Rural Electrification Corp will be the second issuer to use a French auction, although the auction has been modified to allow investors to lower their bids should the underlying share price fall.
The bank launches commodity Murabaha investment and Islamic hedging products in Singapore.
Badlisyah Abdul Ghani, head of CIMB Islamic, explains why Malaysia stands at the forefront of Islamic financing.
Supplier and buyer risk ratings take supply chain financing to a new level.
Telco issues RFP for a bridge financing and bond issue.
Is there a new market for structured loans in Taiwan?
LG Group calls foul as US consortium wins shareholder support for the purchase of Hanaro.
Chinese Banks continue to dominate the arrangers'' group, but international banks may be starting to gain a foothold
Bankers await with interest as mobile phone operator seeks to raise $1bn.
Bankers wallets take another hit.
Pricing levels continue to be tough but lack of deals forces banks'' hands.