Alpha underlines drop in rights issue fees

23 Oct 2009

The Eu986m capital increase by Greek lender Alpha Bank has extended the downward trend in rights issue underwriting fees. Sub-underwriting fees are falling in reaction.

The syndicate underwriting Alpha’s offer, led by global coordinator JPMorgan, is said to be earning around 2.5%, plus an incentive fee, in line with recent large deals from the financial sector. But for the first time on a larger rights issue in Europe this year underwriters will pay ...

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.

Oops, something went wrong

We're sorry but at the moment we can't load this data