Roberto Abraham Scaruffi

Friday 26 November, 2010

Dealogic league table roundup, Nov 26 Debt Pipeline Equity Pipeline DEBT Hongkong Electric pulls dollar bond amid Asian stock rout Hongkong Electric becomes the second Asian issuer to pull a US dollar bond this week as investors refuse to take on more risk. By Denise Wee | 25 November 2010 SBI launches into Europe's shaky bond markets State Bank of India pays a premium to raise €750 million from five-year bonds to diversify investor and liquidity sources. By Rupert Walker | 24 November 2010 Two lower tier-2 issues get away despite volatile markets Fubon Bank (Hong Kong) and ICBC (Asia) raise a combined $700 million, while Vinacomin pulls its $500 million offering. By Denise Wee | 24 November 2010 EQUITY Dalian Port raises $856 million from Shanghai listing The company settles on a relatively modest valuation in an attempt to avoid a poor secondary market performance. By Lillian Liu | 26 November 2010 Chinese online bookseller kicks off $221 million Nasdaq IPO Described as China's Amazon, Dangdang.com is banking on growing internet usage and consumer spending in China. By Anette Jönsson | 26 November 2010 Hong Kong listings called off, while Amtek cuts IPO size Bluestar Adisseo and Datang's renewable power unit both scrap their Hong Kong listing plans as the market turns more volatile and risk appetite drops. By Anette Jönsson, Lillian Liu | 25 November 2010 BNI clears 73% of rights issue through placement Bank Negara Indonesia gets a head start on its $1.2 billion rights issue as the government's entitlement is sold to other investors at a 9.7% premium to the rights issue price. By Anette Jönsson | 24 November 2010 Dalian Port seeks $903 million from Shanghai IPO Prepared for a possible disappointing market, Dalian Port cuts its target deal size by 37.5% and offers its shares at a wide discount compared to other Shanghai-listed port operators. By Lillian Liu | 24 November 2010 Sateri and ZhengTong seek to raise a combined $1.1 billion Sateri, a maker of specialty cellulose, aims to raise $600 million, while car and spare parts dealer ZhengTong is looking to reap $554 million. By Lillian Liu | 23 November 2010 Sabana brings Singapore's first Shar'iah Reit IPO Sabana Shar'iah Compliant Reit, which focuses on industrial properties, raises $491 million from yield-hungry investors. By Anette Jönsson | 22 November 2010 COMMENTARY Promising times for private equity in Asia Christian Nolting, lead Asia-Pacific strategist and regional head of portfolio management at Deutsche Bank Private Wealth Management, explains why Asia’s economic strength looks set to continue and how this will bring opportunities for high-net-worth-investors in private equity. By Lara Wozniak | 25 November 2010 PEOPLE MOVES Andrew Low to launch RedBridge Grant Samuel Nearly five months ago we reported that Andrew Low was leaving Macquarie to pursue other interests. Now that his gardening leave is nearly complete, he talks to FinanceAsia about his new venture. By Lara Wozniak | 23 November 2010