2020-04-04 IFR Magazine

ASIA-PACIFIC

AUSTRALIA

NEXTDC RAISES FUNDS FOR GROWTH

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Citigroup and Royal Bank of Canada were

JOINTûBOOKRUNNERS

TRAVEL FIRM WEBJET SECURES US$140m

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International Financing Review April 4 2020

96

WEEK IN NUMBERS

US$8

„ CARNIVAL CORP SOLD SHARES AT

US$8 APIECE TO RAISE US$500m AS

PART OF A US$6.25bn FUNDRAISING

ACROSS STRAIGHT BONDS, EQUITY

AND CONVERTIBLES. THE CRUISE

OPERATOR’S SHARES WERE TRADING

ABOVE US$50 IN JANUARY

21%

„ UNDERWRITERS OF AMS’S

SFR1.75bn (US$1.8bn) RIGHTS ISSUE

WERE LEFT WITH A COMBINED

SHAREHOLDING OF 21% IN THE

AUSTRIAN SENSOR MAKER. SHARES

HAD TRADED BELOW THE ISSUE

PRICE DURING SUBSCRIPTION

MAKING A STICK POSITION FOR THE

BANKS LIKELY FROM THE START OF

SUBSCRIPTION

>50

„ THE CBOE’S VOLATILITY INDEX

EASED LAST WEEK BUT REMAINS

COMFORTABLY ABOVE 50, WELL

ABOVE LEVELS WHERE MARKETED

EQUITY TRANSACTIONS CAN BE EASILY

COMPLETED

20%

„ THE UK’S PRE-EMPTION GROUP

SAID IT WAS SUPPORTIVE OF

COMPANIES ISSUING UP TO 20% OF

EXISTING CAPITAL IN THE CURRENT

ENVIRONMENT WITHOUT

PRE-EMPTION FOR SHAREHOLDERS,

UP FROM 5%

0

10

20

30

40

50

60

02/01/2010/01/2021/01/2029/01/2006/02/2014/02/2025/02/2009/03/2017/03/2025/03/2002/04/20

US$

ASIA-PACIFIC EQUITIES

BOOKRUNNERS: 1/1/2020–31/3/2020

Managing No of Total Share

bank or group issues US$(m) (%)

Including all domestic and international deals and rights issues

Source: Refinitiv SDC code: C4a1

1 Morgan Stanley 15 3,315.82 8.5

2 China Securities 8 3,148.93 8.1

3 CICC 18 3,001.00 7.7

4 Citic 8 2,135.89 5.5

5 Goldman Sachs 14 1,872.44 4.8

6 UBS 13 1,784.71 4.6

7 BofA Securities 9 1,461.95 3.8

8 HSBC 9 1,275.03 3.3

9 JP Morgan 9 1,070.09 2.7

10 Citigroup 8 1,056.67 2.7

Total 461 38,937.66

ASIA-PACIFIC EQUITIES (EX-JAPAN)

BOOKRUNNERS: 1/1/2020–31/3/2020

Managing No of Total Share

bank or group issues US$(m) (%)

Including all domestic and international deals and rights issues

Source: Refinitiv SDC code: C4a2

1 China Securities 8 3,148.93 8.7

2 Morgan Stanley 11 3,104.18 8.6

3 CICC 18 3,001.00 8.3

4 Citic 8 2,135.89 5.9

5 Goldman Sachs 13 1,812.81 5.0

6 UBS 13 1,784.71 4.9

7 BofA Securities 8 1,433.70 4.0

8 HSBC 9 1,275.03 3.5

9 JP Morgan 9 1,070.09 3.0

10 Citigroup 8 1,056.67 2.9

Total 406 36,244.95

10 IFR Equities and SE 2327 p 95 - 106 .indd 96 03 / 04 / 2020 20 : 40 : 32