India’s Bajaj Finance scored a coup with its qualified institutional placement (QIP) that launched on June 4, raising Rp14bn ($219.84m) despite nervy market conditions and with a tight discount, even as one anchor investor offered to swallow the entire trade himself.... more
APAC Financial Markets • #BajajFinance, #Equities, #FollowOnRightsIssue, #India, #JMFinancial, #QIP, #QualifiedInstitutionalPlacement #Equities, #Issuance/Pipeline
Wednesday, 10 June 2015
Bajaj defies shaky market with $220m QIP
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