Asia’s convertible bond market was back in force last week, amid a softening in the US technology market.
Aircraft leasing company GE Capital Aviation Services is looking to raise about US$700m in a Hong Kong IPO this year after scrapping plans for a business trust listing in Singapore.
Japan’s Yamagata Bank has launched a US$100m zero-coupon convertible bond at a tenor of five years with no put option. It is offered at 102.5, and will be issued and redeemed at par.
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