Sunac China Holdings Watchlist
Sunac China Placement - Previous Deal Didn’t Do Much, This Won’t Move the Needle Either
Equity Capital Markets
254 Views, 12 Jan 2022 19:33
- Sunac is looking to raise around US$500m via a top-up placement.
- The company last raised cash in Nov 21 when it undertook a top-up placement worth US$500m and raised another US$270m via selldown in Sunac Services.
- That deal didn’t end up doing well and this deal as well won’t move the needle much, in terms of bringing down debt.