Lotte Shopping brings Asia’s first equity-linked deal this year

The $303 million bond is exchangeable into shares of Lotte Himart and is followed by a second Asian transaction just a couple of hours later.
January 17, 2013

Asia’s equity-linked market was given a boost yesterday when two new issues hit the market within hours of each other. The deals raised a combined $806 million and added to the hopes that 2013 will be a better year for new issuance than 2012, which, according to Dealogic, saw a mere $7.3 billion of new paper in Asia outside China’s A-share market.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Nio overcomes difficulties to price $650m CB

The EV maker returned to the capital market four months after its US listing and successfully raised fresh capital despite multiple headwinds. It was forced to pay up though.
January 31, 2019

China Tower readies world's biggest IPO in 4 years

The world’s largest telecom tower operator will show old-economy firms can still excite if it completes its $8.7 billion offering. But then it does have some new-economy advantages.
July 23, 2018