Cellnex concludes €4bn rights issue with ‘unbelievable’ oversubscription

Aidan Gregory

August 14, 2020 09:00 am

Cellnex_PA_575_375 — [The following text was translated automatically] RIJSWIJK - Fire in 5G mast Fire in Rijswijk radio mast that previously went up in flames. Last night, a fire broke out in a radio mast in Rijswijk, Gelderland. It is the second time that a fire has raged in the mast. radiation telephony network ROBIN UTRECHT | Hollandse Hoogte/PA Images

Spanish telecommunications infrastructure company Cellnex has finished its €4bn rights issue to fund further M&A opportunities, with an extremely high oversubscription.

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Topics

Santander Spain Deutsche Bank JP Morgan Intesa Sanpaolo Equity EMEA BBVA Morgan Stanley BNP Paribas Europe Follow-ons and Rights issues UniCredit HSBC Société Générale Goldman Sachs

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Aidan Gregory