Oerlikon launches rescue rights issue — Gulf Keystone bookbuild raises £114m: Tuesday’s European ECM wrap

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Oerlikon launches rescue rights issue — Gulf Keystone bookbuild raises £114m: Tuesday’s European ECM wrap

Swiss high tech company Oerlikon began the subscription period for its rescue rights issue on Tuesday. The business is tapping shareholders for Sfr1bn as part of a restructuring of its debt in a deal supported by its majority shareholder, Russian oligarch Viktor Vekselberg.

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