Alchip Technologies (3661 TT) is looking to raise around US$375m in its upcoming global deposit receipts (GDRs) offering. Similar to previous GDR listings, the deal is a very well flagged one.
Boomeranged on Tue, 16 Jan 2024 14:39
Alchip Technologies just launched its GDR offering with aims to raise up to US$415m.
In total, 3.7m GDRs (1 GDR to 1 common share conversion) are offered at a 4-6% discount to last close. The deal is a very well flagged one.
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