Norilsk Nickel has successfully completed its new issue of yuan-denominated exchange-traded bonds (BO-001R-17-CNY series), setting a final coupon rate of 7.6% per annum. The issue size reached 3 billion yuan ($443 million) with a 4-year maturity and monthly coupon payments.
Equatorial, through its subsidiary Gerais Saneamento, offered R$ 49.03 per share for Copasa, exceeding the minimum bid. As the sole bidder, Equatorial was named the reference investor, with the privatization process involving the sale of the Minas Gerais state government's stake.
Chinese printed circuit board (PCB) suppliers are experiencing a surge in interest and pursuing IPOs, driven by the booming global demand for AI infrastructure. Companies like Victory Giant Technology and Jiangxi Redboard Technology are raising significant capital, with analysts projecting continued growth in the sector.
