FACTBOX-The world's largest capital raisings
March 5 (Reuters) - China's Ping An Insurance (Group) Co (2318.HK: Quote, Profile, Research, Stock Buzz) (601318.SS: Quote, Profile, Research, Stock Buzz), the country's second-largest life underwriter, is seeking shareholder approval to raise more than $17 billion through the issue of Shanghai-listed shares as well as convertible bonds with warrants.
If Ping An were to conduct the capital raising in full, it would rank as the world's 6th largest ever fund-raising in the public markets, according to Thomson Financial data. Year Country Issuer Type Size 1987 Japan NTT (9432.T: Quote, Profile, Research, Stock Buzz) Follow-on* $36.8 bln 2006 China ICBC (1398.HK: Quote, Profile, Research, Stock Buzz)(601398.SS: Quote, Profile, Research, Stock Buzz) IPO $22 bln 2000 Japan NTT Follow-on $20.4 bln 2007 Belgium Fortis (FOR.BR: Quote, Profile, Research, Stock Buzz)(FOR.AS: Quote, Profile, Research, Stock Buzz) Follow-on $19.3 bln 1998 Japan NTT DoCoMo (9437.T: Quote, Profile, Research, Stock Buzz) IPO $18 bln 1999 Italy Enel (ENEI.MI: Quote, Profile, Research, Stock Buzz) IPO $16.6 bln 2003 France France Telecom (FTE.PA: Quote, Profile, Research, Stock Buzz) Follow-on $16.4 bln 2001 France France Telecom Bonds $16.3 bln 1999 Japan NTT Follow-on $15 bln 2000 Germany Deutsche Telekom (DTEGn.DE: Quote, Profile, Research, Stock Buzz) Notes $14.5 bln * A follow-on is a share sale by a company that is already listed. (Source: Thomson Financial) (Reporting by Tony Munroe)
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