Gecina’s €1bn rights issue finishes nearly three times covered

By Aidan Gregory
09 Aug 2017

Gecina, the French real estate investment trust, has raised €1bn after its M&A-driven rights issue was nearly three times covered.

The company will issue 9.06m of new shares, 98.9% of which were subscribed on an irreducible basis. It received demand for an additional 15.3m of shares on a reducible basis, making the one-for-seven deal 267% subscribed. The subscription period opened on July 21 and ended on August 2.


Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.