The Taiwan-listed producer of cement and other building materials sold $180 million worth of bonds exchangeable into Far Eastern Textile. The deal was open for less than two hours but attracted close to $1.75 billion of demand and more than 100 investors, which allowed it to be upsized from $150 million. There is also a $30 million greenshoe that hasnÆt yet been exercised.
The deal, which was arranged by Morgan Stanley, was attractive...
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