All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
EquityFollow-ons and Rights issues

Saipem underwriters left long with €592m as rights auction falls short

The Saipem 7000 on 29.12.2015 in the port of Eemshaven (Niederlande) is the second largest swimming crane in the world. | usage worldwide

Issuer opts against using failsafe mechanism introduced by regulators because of its last failed rights issue

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree