VOL. XLIV
No. 23
4-June-2001
BAHRAIN
Investcorp Preference Share Issue Oversubscribed
Bahrain-based Investcorp announced on 22 May that its Tier 1 preference share issue comprising 200,000 Series A shares at a nominal value of $1,000 per share, closed on 16 May, 24% oversubscribed. In a statement, Investcorp said that the $200mn, which is non-dilutive to common shares, was raised "to maintain its strong capital base, increase financial flexibility and finance new business opportunities."
The...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!