SK Finance delays IPO bookbuilding

Indian nonbanking financial company SK Finance has delayed bookbuilding for an up to Rs17bn (US$194m) IPO as it awaits orders from large domestic mutual funds, people with knowledge of the transaction said. 

EQY
Danish state and Morgan Stanley guarantee US$9.36bn raise for Orsted

The Trump administration’s opposition to offshore wind has been partially blamed for derailing Denmark’s Orsted selling a stake in its Sunrise Wind project in the US and putting it on the path to a fully guaranteed DKr60bn (US$9.36bn) capital increase.

EQY
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Tata Capital hopes faith in parent group will land IPO

Indian nonbank financial company Tata Capital is banking on investor faith in Tata Group to ensure that its up to Rs170bn (US$1.93bn) IPO planned for September goes smoothly.

EQY
Bullish increases size of IPO by nearly 60% to US$990m

Bullish, the Thomas Farley-led crypto exchange, is now seeking to raise up to US$990m from its NYSE IPO after both upsizing and increasing the valuation being targeted on the offering.

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Coinbase secures US$2.6bn from upsized double-zero CB

Coinbase Global raised an upsized US$2.6bn from a two-part sale of convertible bonds on Tuesday, contributing to a US$10bn war chest to grow the business while also prefunding debt maturities with lower-cost paper.

EQY

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Bullish increases size of IPO by nearly 60% to US$990m

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IFR US ECM CALENDAR

IFR US ECM WEEKLY REVIEW

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