Latest EMEA Follow-Ons/Rights issues news

• SQN Secured Income Fund to relaunch with £100m cap raise

  

  SQN Secured Income Fund, the London-listed closed end investment fund focused on small and medium sized enterprise loans and secured lending, is preparing to raise up to £100m to capitalise on opportunities it sees in the alternative investment space.

  • 11 Dec 2018

• Interserve plans critical debt for equity swap

  

  The UK’s Interserve plans to swap a "substantial" portion of its debt for equity, as the embattled support services and construction firm tries to avoid the same fate as government contractor Carillion.

  • 10 Dec 2018

• Akbank unveils TL3bn recap as economic clouds gather

  

  Akbank, one of the largest banks in Turkey, is preparing a TL3bn ($558m) rights issue amid fears of an increase in non-performing loans as the Turkish economy enters a slowdown.

  • 06 Dec 2018

• Sorrell’s S4 Capital to raise £74m to fund second takeover

  

  S4 Capital, the digital advertising and marketing services company created by Martin Sorrell, the former CEO of WPP, has agreed the terms of its second acquisition and is partly financing the deal through a £74m placing and open offer on the London Stock Exchange.

  • 04 Dec 2018

• Zur Rose completes rare at-market rights issue at 10.7% discount

  

  Zur Rose, the Swiss online pharmacy, has completed its Sfr200m ($200.8m) at-market rights issue to fund the acquisition of a German e-commerce platform, following the sale of a rump placement on Wednesday evening.

  • 29 Nov 2018

• Kongsberg secures high take-up for Nkr5bn rights offer

  

  Kongsberg Gruppen, a Norwegian supplier of technology systems to the offshore oil and gas sector, has finished a Nkr5bn (€513m) rights issue with a healthy level of oversubscription.

  • 22 Nov 2018

• Zur-Rose sets terms on rights issue, will price to market

  

  Zur-Rose, the Swiss retail pharmacy, has set the terms on its Sfr200m new share issuance, to fund the acquisition of Medpex’s e-commerce activities.

  • 19 Nov 2018

• TRG starts £315m rights issue for Wagamama takeover

  

  The Restaurant Group, the London-listed owner of Frankie & Benny’s, is pressing ahead with the £315m rights issue it announced last month to finance its acquisition of Wagamama, the Japanese restaurant chain, despite concern from some investors over the rationale for the takeover.

  • 12 Nov 2018

• Investors back Aryzta’s €790m rights issue after fractious general meeting

  

  Aryzta, the Irish/Swiss bakery, won shareholder approval for its €790m rights issue on Thursday – but only just, as its investors questioned the plan to raise capital.

  • 01 Nov 2018

• BioPharma Credit grows capital raising to $305m

  

  BioPharma Credit, the UK closed-end investment fund that provides debt funding to the life sciences industry, has priced its latest capital raise, growing the deal to $305m.

  • 01 Nov 2018

Follow-Ons/Rights issues news archive