Sunac China Holdings

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
EXECUTIVE SUMMARY
  • 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.
detail (3-minute read)
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets

Head of IPO & Placements for Aequitas Research. At Aequitas we cover all IPOs and placements across Asia-Pac with a deal... 

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