Posts
October 01 2009
Cosi Inc., parent of the 144-unit fast-casual chain, filed a registration statement with federal securities regulators for a rights offering to its existing stockholders that could garner the company $5 million.
September 30 2009
The Fort Lauderdale-based company’s existing shareholders chose to purchase 38 million newly issued shares (NYSE: BBX) at $2 a share.
September 30 2009
UniCredit SpA will shun state aid and seek to raise 4 billion euros ($5.8 billion) selling stock, making it the third European bank in less than a week to turn to shareholders for funds as equity markets rebound.
September 25 2009
DnB NOR ASA, Norway’s largest bank, said it plans to raise 14 billion kroner ($2.41 billion) in a rights offer, the last major Nordic lender to raise capital since the global credit crisis began last year.
September 02 2009
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd on Wednesday announced that it has decided to raise up to RMB 800 million via a rights offering in order to finance its projects and replenish working capital.
September 01 2009
The two firms have proposed a $75 million rights offering by Builders FirstSource to existing stockholders at a subscription price of $2 per share.
September 01 2009
KB Financial Group’s rights offering was 98.45 percent subscribed when it closed last week, according to a statement filed with the Securities and Exchange Commission, FinanceAsia reported. Although slightly undersubscribed, the group raised the full $914 million it was seeking thanks to the deal being fully underwritten.
July 24 2009
Illovo Sugar Ltd., Africa’s largest producer of the sweetener, plans to raise 3 billion rand ($390 million) through a rights offer to fund expansion.