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Developer China Vanke proposes a 12-month extension on a medium-term note's principal payment to December 15, 2026. The move, aimed at preserving liquidity, signals financial pressure and is expected to attract heightened scrutiny from investors and rating agencies.
Tailwind 2.0 Acquisition Corp. has priced a $150 million IPO to target acquisitions in the energy and compute infrastructure sectors. The move reflects a broader market appetite for public vehicles to fund high-growth, capital-intensive industries similar to private market giants like SpaceX.
Alvotech (NASDAQ: ALVO) launched a $100 million convertible bond offering to fund its biosimilar pipeline and global expansion. The move comes as the company reaffirms 2025 guidance and sets ambitious 2026 targets, despite acknowledging potential U.S. regulatory delays.