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Capital Increase: Raiffeisen Bank International Has High Hopes

Published: January 21, 2014; 22:05 · (Vindobona)

The second-largest lender in Central, Eastern and Southeastern Europe (CESEE) wants to raise funds of € 2.9bn. This is substantially more than initially scheduled.

Capital Increase: Raiffeisen Bank International Has High Hopes / Picture: © Raiffeisen Bank

In total, RBI offers 97.5 million new shares for sale. The subscription period begins on January 24 and ends on February 7. The share price is not known yet, however. RBI announced that the subscription price correspond to the offered price of the pre-placement. According to analysts, the issue price will range between € 29.00 and € 31.50 per share.

In order to prevent a…

This article includes a total of 473 words.

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