Fincantieri €400m rights issue
Part-fund acquisition of Leonardo's Underwater Armaments & Systems business
- Company
- Fincantieri
- Type
- Equity raise
- Status
- Completed
- Date
- 11 Jul 2024
- Value
- €399m
- US$ equivalent
- US$432m
- Value basis
- Rights offering of 152,419,410 new shares at €2.62 with free warrants; 99.2% taken up in the rights period, rest offered on exchange 15-16 July
- Region
- Italy
- Segment
- Listed equity
Parties
- Fincantieri issuer
Key terms
- Structure
- Rights offering of 152,419,410 new shares at €2.62 with free warrants; 99.2% taken up in the rights period, rest offered on exchange 15-16 July
Sources
- Trend Online: Fincantieri capital increase concludes successfully trend-online.com · 12 Jul 2024
- Shipping Italy: Fincantieri completes almost €400m capital increase shippingitaly.it · 15 Jul 2024
Record DEF-INV-2024-0011. Investments are kept apart from the financings register and never counted in debt totals.
