Qunar snags $310m from ADS offering

Qunar Cayman Islands, the Nasdaq-listed online travel services firm, has raised $310.18m from the sale of American Depositary Shares (ADS), in a trade that saw momentum building strongly after an earlier convertible bond pulled in a pair of well-known names.... more

APAC Financial Markets • #ABBBlockTrade, #ADS, #AmericanDepositaryShares, #Equities, #QunarCaymanIslands #Equities, #Issuance/Pipeline

EQUITIES: Qunar raises US$309m via follow-on

Baidu-controlled Chinese travel site Qunar Cayman Islands has raised US$309m from a follow-on offering.... more

APAC Financial Markets • #Baidu, #Equities, #FollowOn, #QunarCaymanIslands #Equities, #Issuance/Pipeline

Qunar starts bookbuilding for ADS trade

Nasdaq-listed Qunar Cayman Islands, a provider of online travel services, is in the market with a follow-on offering of 8m American Depositary Shares (ADS) which could raise some $360m based on its current share price.... more

APAC Financial Markets • #ABBBlockTrade, #ADS, #AmericanDepositaryShares, #Equities, #QunarCaymanIslands #Equities, #Issuance/Pipeline

EQUITIES: ​Qunar launches follow-on offering

Baidu-controlled Chinese travel site Qunar Cayman Islands has launched a follow-on offering of 8m American depositary receipts.... more

APAC Financial Markets • #Baidu, #China, #Equities, #FollowOn, #QunarCaymanIslands #Equities, #Issuance/Pipeline