Private Credit
EQuest had secured $120m in 2023 in a combination of equity from KKR and debt from lenders.
1
KKR-backed EQuest Education secures $115m syndicated loan
2
Meta mulls mega equity fundraising to finance AI infrastructure
3
China's memory chip IPO frenzy raises big questions
4
SG's Panthera Growth Partners invests $30m in security AI firm Innefu Labs
5
Indian aluminium recycler CMR Green draws $6b bids for $66m IPO
More Stories
French asset manager Eurazeo scouts for SE Asia bets with $20m ticket size
Jakarta prosecutors detain KoinWorks borrower in $33m irregular loan case
Vietnamese dairy firm TH Group approaches PEs for minority stake sale
ZWC Partners invests in parent of Korean eyewear label Gentle Monster
FMO proposes $20m investment in South Asia Growth Fund IV
Deals
This comes after Alphabet’s move to raise $84.75 billion in upsized equity offerings.
Analysis
CXMT’s planned listing has sparked a debate about its valuation.
The investment comprises a combination of primary and secondary transactions.
IPOs & Markets
The IPO is India’s first in about a month.
Greater China
Foreign investment is tightly restricted or off-limits in China’s space sector.
India
The firm’s Indian development pipeline includes 600 MW of capacity projects in Mumbai, Chennai & Hyderabad.
The stock opened flat to the offer price at HK$66.4 before slipping to HK$59.05.
World
The firm allegedly misused confidential client data to win lucrative audit contracts.
Hong Kong regulators have also urged banks to check investors’ sources of funds.
