Page 36 - New Issues News Today

Shares of Alibaba-backed Energy Monster, China's largest provider of mobile charging devices, jumped nearly 18% in their Nasdaq debut on Thursday after the company's initial public offering (IPO) was priced below the indicated range.

3 Min Read ZURICH (Reuters) -Credit Suisse plans to return more cash this month and recover more assets for investors in supply chain finance funds linked to insolvent finance firm Greensill, the Swiss bank said, aiming to limit damage from risk-management failures. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann/File Photo Switzerland’s second-largest bank last month closed around $10 billion of supply-cha...

Frontier Group Holdings Inc was valued at $4 billion after its shares opened 2% below their offer price in the low-cost carrier's market debut on Thursday.

2 Min Read HONG KONG (Reuters) - Baidu Inc has raised $3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant. FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song New York-listed Baidu said it will sell 95 million shares at HK$252 ($32.45) apiece as part of the transaction. The deal showed that the desire of Hong Kong’s retail investors to buy...

By Reuters Staff 2 Min Read (Reuters) - Sun Country Airlines Holdings Inc, a low-cost carrier backed by private-equity firm Apollo Global Management Inc, sold shares in its initial public offering (IPO) on Tuesday at $24 apiece to raise about $218.2 million. The Minnesota-based airline, which offers affordable flights and vacation packages to destinations across the United States and in Mexico, Central America and the Caribbean, sold 9.1 million shares in the IPO, previously aiming to sell at a...

3 Min Read ATHENS (Reuters) - Greece raised 2.5 billion euros on Wednesday from its first 30-year bond sale in more than a decade, with an issue that was more than 10 times oversubscribed, the public debt management agency said. The bond drew investor demand of more than 26.1 billion euros. It was priced at 150 basis points over the mid-swap level, resulting a yield of about 1.93%, the highest among euro zone countries in that maturity. Greece last issued a 30-year bond in 2008, a year before t...

2 Min Read HONG KONG (Reuters) - Baidu Inc has raised $3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant. FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song New York-listed Baidu said it will sell 95 million shares at HK$252 ($32.45) apiece as part of the transaction. The deal showed that the desire of Hong Kong’s retail investors to buy...

2 Min Read HONG KONG (Reuters) - Baidu Inc has raised $3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant. FILE PHOTO: A logo of Baidu is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song New York-listed Baidu said it will sell 95 million shares at HK$252 ($32.45) apiece as part of the transaction. The deal showed that the desire of Hong Kong’s retail investors to buy...

By Reuters Staff 1 Min Read CAIRO, March 16 (Reuters) - Saudi Arabia’s National Debt Management Center closed on Tuesday its local issuance for March, 2021 of the kingdom’s sukuk, or Islamic bonds, program at a total of 7.674 billion riyals ($2.05 billion), Saudi state news agency (SPA) said. The issuance was divided into two tranches, the first amounting to 2.710 billion riyals maturing in 2028, while the second amounted to 4.964 billion maturing in 2031. ($1 = 3.7502 riyals) (Reporting by...

By Reuters Staff 1 Min Read March 17 (Reuters) - U.S. cryptocurrency exchange Coinbase said on Wednesday it had registered about 114.9 million shares for its direct listing on the Nasdaq. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Vinay Dwivedi)