Standard Chartered embarks on
Nov.25, 2008 in
Banking News, Industry News
Standard Chartered embarks on
Entries for the ‘Industry News’ Category
Standard Chartered embarks on £1.78bn rights issue
Nov.25, 2008 in
Banking News, Industry News
Standard Chartered embarks on £1.78bn rights issue
Standard Chartered has announced plans to raise £1.78 billion in a rights issue.
Existing shareholders will be able to buy 30 shares for every 91 shares held at a price of 390 pence a share, representing a 48.7% discount on the company’s closing price on Friday 21st November.
According to the [...]