Finnair board yesterday approved a share offering worth €248.5 million ($365.9 million), with the subscription period beginning Nov. 29 and ending the afternoon of Dec. 17. Current shareholders will have a preemptive right to subscribe in proportion to their holdings. The company will issue 39.4 million shares at €6.30 per share. Danske Markets and UBS Investment Bank are joint global coordinators and book runners and Aventum Partners is financial adviser. Finnair said it will ...

Subscribe to Access this Entire Article

"Finnair to issue €248.5 million in new shares" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.