• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Sea Ltd raises about $6 billion in mega fund raising

September 10, 2021 by David Barret Leave a Comment

September 10, 2021

(Reuters) – Southeast Asian technology giant Sea Ltd said it has raised about $6 billion in an equity and convertible bond sale.

Sea has priced 11 million American Depository Receipts at $318 each, the company said late on Thursday, together with $2.5 billion aggregate principal amount of its 0.25% convertible senior notes due 2026.

The combined deal is Southeast Asia’s largest fund raising, according to Refinitiv data.

Sea is a Singapore-based e-commerce and gaming company that has rapidly grown to become Southeast Asia’s most valuable listed company by market capitalisation.

The company’s shares fell 6.1% in New York on Thursday to $322.60, but remain 62% higher for the year.

Sea’s shares recorded an almost five-fold jump in 2020 amid strong demand as pandemic-related restrictions kept people indoors.

(Reporting by Aakriti Bhalla and Kanishka Singh in Bengaluru and Scott Murdoch in Hong Kong; Editing by Shounak Dasgupta)

Source Link Sea Ltd raises about $6 billion in mega fund raising

David Barret
David Barret

Related posts:

  1. Britain’s Raab, in Qatar, says need to engage with Taliban on Afghanistan
  2. Deutsche Bahn takes striking train drivers’ union to court
  3. Singapore PM wins more defamation suits against bloggers
  4. Vietnam PM warns of long coronavirus fight as crisis deepens

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • The Legend Of Ol’ Rip The Horned Toad Who Reportedly Survived 31 Years Of Hibernation And Met President Coolidge
  • Newly Discovered “Reset Button” Lets Mathematicians Undo Any Rotation
  • Bear-Sized Snow Sloths? Meet Megalonyx, The Ice Age Giants That Lived Until 13,000 Years Ago
  • Why Can’t Mormons Drink Coffee?
  • In 1997, A Zoo Chimp Amazed Scientists By Gathering Rocks To Throw At Visitors
  • YouTuber Films Laser Light At 2 Billion Frames Per Second In His Garage
  • The Time To Watch Comet Lemmon Is Now
  • Ig Nobel-Winning “Butt-Breathing” Technique Moves One Step Closer To Saving Lives
  • What Is The Oldest Religion In The World?
  • This Mini Dragon Is One Of The World’s Rarest Amphibians With Just 150 Individuals Living In One Lake
  • “Alien Mothership” Hypothesis About To Have Key Test As Interstellar Object 3I/ATLAS Hits Solar Conjunction And Perihelion
  • 18 Of These Rare Mammals Live In The Wild. Have We Reached A Turning Point In Their Return To The US?
  • How Comet 2P/Encke Caused “Halloween Fireballs” To Rain Down On The Earth
  • US Flight Potentially Hit By Space Debris – What Are The Chances That The Claim Is Correct?
  • Hormone Therapy For Trans Women Shifts Dozens Of Proteins To Align With Their Gender Identity
  • People Are Not Reacting Well After Learning How Cranberries Are Grown
  • The World’s Newest Great Ape Is Also Its Rarest, With Fewer Than 800 Left In The Wild
  • IFLScience We Have Questions: Can Burying Scientists Alive In The Snow Help Us Protect Polar Bears?
  • Scientists Perplexed By 407-Million-Year-Old Fossilized Plant That Doesn’t Follow The Fibonacci Sequence
  • This Giant Goldfish Hybrid Weighs As Much As A 10-Year-Old – A Stark Warning About Dumping Pets
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version