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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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Global mining giant AngloGold Ashanti has laid out a comprehensive reorganisation plan that that will include a $2.1bn capital raise to help it deal with the damaging effects of the depressed price of gold.
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Belgian mining and metals firm Nyrstar launched a €250m rights issue on Thursday that will help it refinance and upgrade its facilities, along with the proceeds from a bond sold earlier this week.
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Global mining giant AngloGold Ashanti has laid out a comprehensive reorganisation that that will include a $2.1bn capital raise to help it deal with the damaging effects of the plunging price of gold.
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Telecommunications firm Telefónica Deutschland launched a €3.62bn rights issue on Tuesday that will fund its purchase of peer E-Plus from KPN, a deal announced last summer.
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Borse Dubai closed the books last night on the sale of a 3.1% stake in the London Stock Exchange Group for £171.7m, as it readies funds to fully subscribe to the UK exchange’s planned rights issue.
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Yuexiu Property Company is looking to raise HK$3.85bn ($497m) through a 33-for-100 rights issue, as it chooses equity fundraising over taking on additional debt.