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Shipbuilder's shares fall 10% after capital raise
Italian shipbuilder is expanding capacity on strong defence demand
Deal priced at 1% premium to Monday's close
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It’s been a week of strong activity in India’s equity capital market, with a raft of public and private issuers gearing up to tap into the positive momentum surrounding Indian names.
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Nyrstar received around 83% take-up on its €250m rights issue, it said on Thursday as it began to sell the remaining shares in the market.
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German telecoms firm Telefónica Deutschland saw a near complete take-up on a €3.6bn capital raise that will fund its part of an acquisition of KPN's German operations E-Plus.
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British property firm Assura launched a £150m capital raise on Wednesday that will help it reduce its debt.
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Greencoat UK Wind, one of a number of recently listed British renewable energy funds, is set to raise £100m that will refinance a bank facility used for the fund's recent acquisitions.
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Mother and child retail firm Mothercare is set to raise £100m through a fully underwritten rights issue that will fund its move towards digital.