FSA backs 16 day rights issues
After last week’s move by the ABI to relax its guidelines on rights issues in the UK, the FSA this week said that the timetable for deals could be reduced to as little as 16 days compared to 39 days currently in a bid to reduce risk for companies. To understand the implications of the move, which could be introduced as soon as next month, read EuroWeek on Friday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts