YTL Power CB: turning investors on or off?

Malaysian IPP returns to the CB market for the first time since June 2001.
April 28, 2005

YTL Power priced a $250 million equity-linked deal late on Wednesday (April 27) to raise funds for overseas acquisitions. The UBS-led transaction drew a mixed response, with some bankers suggesting the lead had not only lost all its fees, but also ended up with half the offering on its books.

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