FWD’s Hong Kong IPO Filing Likely on Monday
FWD Group is close to filing an IPO to raise about $1bn at the Hong Kong stock exchange as per sources reported by Bloomberg. The listing may take place by H1 2022, though it depends on market volatility and demand. The Hong Kong listing plan comes after FWD dropped...
FWD Raises $200mn via pre-IPO Funding
Hong Kong insurer FWD raised $200mn in funding ahead of its planned Hong Kong IPO, as per two sources. The sources said that the funds were raised via a private placement with ORIX Corp and Huatai Securities Co. being two new investors. FWD has now raised $1.6bn in...
FWD Drops NYSE Listing to Raise $1.4bn via HK Private Placement
Hong Kong -based insurer FWD Group dropped its NYSE listing plans to sell shares on the Hong Kong exchange as per a source. FWD will raise $1.4bn via a private placement of shares expected to be completed this month, that includes a group of large global investors...
