Chartered Semiconductor has raised over $1 billion in one of the biggest equity deals from Asia this year. The May transaction was the largest ever follow-on offering from Singapore and the country’s second-largest equity deal ever after Singapore Telecom’s 1993 privatization.
The deal, with Salomon Smith Barney as bookrunner and Credit Suisse First Boston as joint lead, involved the sale of just over 15.5 million American depositary shares (each worth 10 ordinary shares), including 8.97 million in primary issuance from the company itself, and 5.86
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