Delfin raises €97m through FdR ABB, but others unlikely to follow

By Andrew Griffin
24 Jan 2014

Delfin, a European investment firm, raised €96.8m through a secondary sale of convertible bonds issued by Foncière des Régions through a book build on Tuesday night, pricing the deal at a small discount.

The deal was launched shortly after market close on Tuesday, and was closed just before markets opened again on Wednesday. The book was left open for longer than usual to allow the full range of equity-linked investors to place orders, given that those funds do not typically watch ...

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