treasury shares

The deal comes at the maximum 5% discount and is upsized in full from about $200 million at launch.

The conglomerate hits the market as its stock is about to go into the MSCI Philippines index, prompting a number of passive index funds to buy into the deal.

The shares are sold to a small group of investors through a club deal at a 4.76% discount.

The deal is upsized by more than 50% despite being offered at a zero percent discount. A tight allocation supports the stock in the aftermarket.

The shares are sold to a small group of long-term investors at a 0% discount to the latest close and result in a 136% gain for the Indonesian bank.

China State Construction raises $293 million from a top-up placement, while Ayala Corp offloads $154 million of treasury shares.

The deal, which consists of treasury shares, is upsized by 20% and prices at the mid-point for a 4.8% discount.

The deal features an innovative coupon and dividend protection structure to push investors to convert early and is also the first CB to effectively be denominated in Korean won and settled in US dollars.

The company's second sale of treasury shares in four months is almost entirely bought by insurance company LIC.