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Deal to help Peach tackle next year’s bond maturity
More dilution to come
Rights issue will allow shareholders to buy shares at a 99.4% discount to Wednesday’s closing price
Moroccan investor to sell 11.3% of bank in fully marketed offering, after replacing Crédit Agricole as majority shareholder
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Swiss asset manager’s anchor investor to underwrite the rights issue, two Norwegian companies do block trades
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Over half of deal was spoken for at launch
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Investment firms JRJ Group, Trilantic Capital and BXR Group Holdings are the sellers
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The widely expected sell-down in the National Bank of Greece came at a 1.31% discount
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BNP Paribas took Pirelli and Citi took Renk as shareholders exited and trimmed stakes on Tuesday night
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Rump placement was 814% oversubscribed, Almarai shares to be distributed