APAC IPOs & Placements, Aequitas Research

Nicholas Tan

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Tokyo Kiraboshi Financial Group / Equity Capital Markets

Tokyo Kiraboshi Financial Group (7173 JP)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/sumitomo-mitsui-trust-holdings-inc" target="_blank" data-smartkarma-citation="entities:19450:1" rel="noopener">Sumitomo Mitsui Trust Holdings (8309 JP)</a> is looking to raise US$391m from a secondary offering of <a href="https://www.smartkarma.com/entities/tokyo-kiraboshi-financial-group" target="_blank" data-smartkarma-citation="entities:5369:1" rel="noopener">Tokyo Kiraboshi Financial Group (7173 JP)</a> shares.</li>
<li>This is a large deal to digest, representing 42 days of ADV and 17% of shares outstanding.</li>
<li>In this note, we will talk about the placement and run the deal through our ECM framework.</li>
</ul>



Sumitomo Mitsui Trust Holdings (8309 JP) is looking to raise US$391m from a secondary offering of Tokyo Kiraboshi Financial Group (7173 JP) shares.
This is a large deal to digest, representing 42 days of ADV and 17% of shares outstanding.
In this note, we will talk about the placement and run the deal through our ECM framework.


Aequitas: Tokyo Kiraboshi Placement - Pref Conversion and Selldown