The bought deal, which is the companyÆs first foray into the international capital markets since its IPO, was offered at fairly aggressive terms and, to ensure there was sufficient interest, joint bookrunners ABN AMRO Rothschild and Citi chose to launch it with a re-offer price of 99% to 100%. The zero coupon deal was eventually priced at 99%.
The conversion premium and the yield were also fixed at the top end of the indicated ranges to the benefit of investors. However, the company is said to...
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