Euroweek.com - Pru swells syndicate as rights issue takes lead in $35bn deal

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Pru swells syndicate as rights issue takes lead in $35bn deal

Issue: 1144 - 5 March 2010

The $20.7bn rights issue announced by UK insurer Prudential on Monday for its $35.5bn acquisition of AIA, the largest acquisition related ECM deal on record, had equity bankers this week predicting a greater emphasis on M&A financing through the equity markets. ..

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