FimBank pre-placing bond issue over-subscribed
FimBank said that pre-placing of its bond issue up €20 million or its US dollar equivalent (being two-thirds of the total bond issue aggregate of €30 million) has taken place and was over-subscribed. Subscriptions relating to preferred applicants, i.e.
FimBank said that pre-placing of its bond issue up €20 million or its US dollar equivalent (being two-thirds of the total bond issue aggregate of €30 million) has taken place and was over-subscribed.
Subscriptions relating to preferred applicants, i.e. shareholders, directors and staff, are being met in full while those relating to authorised distributors are being scaled down proportionately to the sub-limit reserved of €10 million or its US dollar equivalent, FimBank said.
FimBank said it noted with satisfaction the strong response to the pre-placing which is likely to be carried over and mirrored into the general offer period that starts today at 8.30 a.m.
Subscriptions relating to preferred applicants, i.e. shareholders, directors and staff, are being met in full while those relating to authorised distributors are being scaled down proportionately to the sub-limit reserved of €10 million or its US dollar equivalent, FimBank said.
FimBank said it noted with satisfaction the strong response to the pre-placing which is likely to be carried over and mirrored into the general offer period that starts today at 8.30 a.m.