Ericsson fears grow after rock bottom Infineon sale

Ericsson, the Swedish telecoms equipment company, gave a clear indication of how desperate it is for cash yesterday (Thursday) when it offloaded a Eu300m stake in Infineon at close to historic lows.

  • 16 Aug 2002
The deal came just days after Ericsson published the prospectus for its Skr30bn rights issue, which caused analysts to claim that the corporate would need to raise fresh funds next year. Ericsson sold 27.5m shares in the German semiconductor manufacturer through a forward sale with Citigroup/SSSB at a ...

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All International Bonds

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4 Goldman Sachs 235,165.28 784 5.99%
5 Barclays 229,116.44 888 5.84%

Bookrunners of All Syndicated Loans EMEA

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1 HSBC 34,312.86 161 6.57%
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4 BNP Paribas 27,479.75 167 5.26%
5 SG Corporate & Investment Banking 23,982.83 136 4.59%

Bookrunners of all EMEA ECM Issuance

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5 Goldman Sachs 13,499.48 73 6.15%