SUBSCRIBERS
Firms in Indonesia opt for debt over equity fundraising
Published Mon, May 18, 2020 · 09:50 PM
Singapore
THE true action in Indonesia these days lies in the debt capital markets, as a double-digit number of public listings in the first four months of 2020 came alongside a year-on-year fall in the amount of equity funds raised.
The Covid-19 pandemic has taken a toll on companies' ability to scrounge up cash, as initial public offering (IPO) sizes and merger and acquisition (M&A) deal values shrank.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Universal Music Group reaches new licensing agreement with TikTok
Sumitomo to bolster shareholder returns in new mid-term plan
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet
ING unveils 2.5 billion euros buyback as profit beats estimates
Prosper Cap halts operations at UK hotel after fire breaks out