TAG completes with 64% take-up
TAG Immobilien completed a €270m rights issue on Monday when it announced a 64% subscription rate, in line with similarly-structured at-market deals. An accelerated bookbuild last week set the rights issue price of €9 a share and provisional allocations from it will be clawed back according to the rights take-up level. The shares closed at €9.106 on Monday, down 0.3% on the day.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: