Rheinmetall quick-fire placing raises Eu104.4m
German defense company Rheinmetall on Tuesday proved that equity investors are fully supportive of quick equity sales when it raised Eu104.4m in an accelerated bookbuild. The company got away with a tight discount to the previous days’ close of just 4.3% and increased its share capital by around 10%. Will more placements follow on Rheinmetall’s heel’s this week? Turn to EuroWeek on Friday.
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