Placements in GT Capital and Shin Corp raise a combined $1 billion

Philippine conglomerate GT Capital and its controlling shareholder sell $350 million worth of shares, while a Temasek-controlled entity raises $685 million from its third sell-down in Thailand’s Shin Corp.

Placements have been a key theme this week with several deals out of Hong Kong, and yesterday Southeast Asia joined the action as well with two large transactions that together raised $1 billion. The deals were well received and confirmed that investors are keen to add more risk to their portfolios.

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