Wiwynn Corp (6669 TT) is looking to raise up to US1.3bn in its upcoming GDR offering. The deal will be a very well flagged one, if and when it does get launched.
Boomeranged on Wed, 10 Jul 2024 15:22
Wiwynn just launched its US$1.45bn convertible bond and GDS offering. In the GDS component, the firm is looking to raise ~US$850m via offering 11m GDSs at a 4-6.9% discount to the last close. Citi is the sole bookrunner on the deal.