exchangeable

OUE turns back clock with $233m equity-linked combo

Singaporean property developer’s concurrent convertible and exchangeable bond sale is first of its kind in Asia in more than a decade. It faced a series of challenges to win over investors.

March 14, 2018

Haier gives equity-linked market a spin

Chinese white goods giant executes an aggressively priced but well received deal that trades up despite stock price volatility.

November 07, 2017

Equity-linked market turns the corner in Asia

As issue and redemption volume falls across the region, issuers and advisers are looking at a variety of structures to get deal done in the Asia ex-Japan equity-linked market.

November 01, 2017

Asia’s equity-linked market struggles to perform

Investors and banks are putting less resource into the asset class amid falling new issue volume. But it is not the end of the day.

October 30, 2017

Khazanah issues RFP for exchangeable sukuk

Malaysia’s state investment fund is looking at issuing another exchangeable sukuk – potentially its fourth issue in the last five years.

April 10, 2017

Fortescue deal sparks Aussie equity-linked return

Hunan Valin brought an end to a three-and-a-half year drought in Australian equity-linked issuance with a $355 million bond exchangeable into the iron ore producer.

November 02, 2016

Khazanah returns with $399m exchangeable sukuk

Malaysian state fund continues its track record of regular sukuk issuance, printing yet another bond exchangeable into shares of Beijing Enterprises Water Group.

September 01, 2016

JP Morgan reshuffles equity-linked chiefs

Aloke Gupte is set to become the firm’s EMEA head of equity-linked origination, while Gaurav Maria will succeed him as Asia-Pacific head.

June 20, 2016

SoftBank plans to sell $7.9b of Alibaba

The announcement caught stock analysts by surprise but is likely to help the Japanese firm reduce leverage.

June 01, 2016

Kakao prints $200m exchangeable into Loen

The transaction came as a surprise to the market since the Korean messaging app operator announced another domestic deal earlier this month.

April 26, 2016