At-market rights issue gives Erste Eu2.7bn hit with buyers

27 Jan 2006

Erste Bank completed its Eu2.653bn rights issue in style this week, completing Austria's largest capital markets transaction.

Bookrunners Erste Bank, Goldman Sachs and JP Morgan launched the deal a fortnight ago to fund Erste's acquisition of a 62% stake in Banca Comerciala Romana and to strengthen its capital base.

The ...

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