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Shipping company issues new shares as it raises stake in peer to roughly a fifth
Investors want more mid-cap deals and wider variety of sectors
Cornerstone investors commit roughly €170m as company aims to raise €300m
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Investor appetite for gold helps deal price at issuer-friendly end of terms -
◆ Crossover credit sells second senior SLB of 2026 ◆ Deal lands tight to secondaries and peers ◆ Proceeds to refinance 2028 convertible maturity
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Company ‘made out like bandits’ as investors piled into deal and delta placement
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Trade bodies speak out against push to drive equity trading on to lit markets
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Shares trade 8% above offer price as shipping company completes second listing
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TX Group and SMG absorb almost 60% of block as insurer cuts holding to 11.8%
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