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Qualifying shareholders take up 68% as remainder stays with conditional placees
Underwriting left unused after deal is 33% oversubscribed
Shareholder-backed recapitalisation will help reduce debt and prepare assets for sale or listing
Placing and open offer follows recent acquisition of US annuity provider
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The bank says it has initiated 80% of the Sfr1.2bn of cost cuts targeted for 2023
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Merger with Leaseplan will increase funding needs, bring higher rating
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Market did not take well to the deal, which triggered a 15% fall in the firm's share price
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Major shareholders held on to their big stakes in fast-growing renewables play
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The Norwegian clean battery developer could raise around $170m as companies keep using the autumn window
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Long-only investors bought the majority of the rights in the wallcrossed tail-swallow