‘Almost perfect’ Orsted trade reopens EMEA ECM

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By Sam Kerr
08 Jan 2020

A Dkr6.4bn (€856m) block of shares in Danish renewable energy firm Ørsted reopened the EMEA ECM market on Tuesday evening and attracted huge investor demand for the stock — including from ESG investors.

Danske Bank, Goldman Sachs, Nordea and Morgan Stanley are bookrunners on the 9.5m share trade, worth 2.3% of the company.

The trade was launched just after 4pm UK time following a wall-crossing exercise and was covered in under 20 minutes, according to messaging from ...

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