Chailease raises $206 million from debut GDR

The deal comes on the back of a 116% rally in its Taiwan-listed stock in the nine months since the IPO.

Chailease raises $206 million from debut GDR

Chailease Holding, a Taipei-listed financing and leasing company, has raised $206.2 million from its first-ever sale of global depositary receipts. The deal was launched and completed after the market closed yesterday and is the second GDR out of Taiwan in less than a week. Last Thursday, Win Semiconductors completed a GDR sale that raised $158 million.

However, while the Win Semiconductors transaction was fully marketed with the bookbuilding coming on the back of a one-week...

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