Finnair Raises $578M From New Stock Issue
Credit: Rob Finlayson
Finnair has raised €512 million ($578 million) through the issue of new shares, generating around €501 million in net proceeds after costs. Announcing the results of the issue July 7, Finnair said the offering was 110.7% oversubscribed at €0.40 per share. Following completion, 1,279,265,150 new...
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