Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
The UK’s Serco Group has raised £160m after selling shares worth around 10% of its existing share capital, lowering the outsourcing firm’s leverage ratio and giving it more headroom for its banking facility covenants.
-
Banco Popolare di Milano has set the final terms of its €500m capital increase, resolving to issue up to 1.152bn new shares in a deal that bankers called a “no-brainer” for investors. -
Greece’s Eurobank has wrapped its €2.864bn rights issue, issuing 9.24bn shares priced at €0.31 each. The transaction will see the bank’s share capital increase by €2.77bn, while trading in the new shares is expected to begin on May 9.
-
BNP Paribas re-launched its re-IPO of its Polish subsidiary on Monday, after pulling the deal last year.
-
Pharmaceutical firm Skyepharma has launched a buyback of its 6.5% 2024 bonds after completing a £112m capital raise.
-
Austrian engineering firm Porr has completed the placement of 2.645m new shares, raising €119m to strengthen its equity base.
