United Kingdom | Wednesday, 3 December 2008

Issue Articles

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11. Imperial Tobacco rights issue gets 97.2% take up
Imperial Tobacco said on Thursday that its £4.9 billion rights issue had been taken up by 97.2 per cent of its shareholders. The last 9.5 million new shares are to be placed with the underwriters of the rights issue.
12 Jun 2008
12. HBOS says rights issue on track
HBOS said its 4 billion pound rights issue was going "according to plan" but failed to stop a slump in its shares on Wednesday to below the level at which it plans to sell stock.
11 Jun 2008
13. Lehman taps investors for 3 billion pounds
U.S. investment bank Lehman Brothers is raising $6 billion ( 3 billion pounds) to shore up capital after another big loss, rattling bank investors just as a UK rival completed a record fundraising.
09 Jun 2008
14. RBS secures 95% of rights issue shares
Royal Bank of Scotland said on Monday that 95.1 per cent of the shares offered in its £12 billion rights issue were bought up by shareholders by the end of the rights issue period on Friday.
09 Jun 2008
15. HBOS to consult shareholders on rights issue
HBOS has said that it will consult its shareholders to gain approval for a £4 billion rights issue planned for 26 June.
04 Jun 2008
16. Rights issue fatigue seen as B&B cut deal size
Companies worldwide have raised a record $33 billion (17 billion pounds) from rights issues in the first five months of 2008 as they strengthen balance sheets, but investors are showing signs of indigestion as the fund-raising race goes on.
04 Jun 2008
17. HBOS rights issue proceeding as planned
HBOS Plc said that its £4 billion rights issue was proceeding as planned and that current trading was in line with previous guidance. The group, which owns mortgage lender Halifax, said that it would publish a prospectus for its underwritten rights issue later in the month.
02 Jun 2008
18. Bradford & Bingley sets rights issue
Mortgage lender Bradford & Bingley is raising 300 million pounds from its shareholders in a deeply discounted rights issue to strengthen its balance sheet, it said on Wednesday.
14 May 2008
19. Eurotunnel in 815m euro rights issue
Eurotunnel has said it wants to raise 815 million euros (£718 million) from shareholders in order to help pay its creditors. The operator of train services to continental Europe suspended its shares on Monday ahead of the announcement.
29 Apr 2008
20. HBOS sets 4 billion pound rights issue
HBOS unveiled a 4 billion pound rights issue alongside plans to cut its dividend payout to cover additional writedowns on the value of toxic assets and to shore up its balance sheet.
29 Apr 2008
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