Finnair Raises 350 Million Finnmarks In Share Offering

Finnair raised 350 million Finnmarks (US$74 million) through an offering of 10 million new shares to help finance the replacement of its aging DC-9 fleet (DAILY, Dec. 1). The offering was priced at 35 Finnmarks per share, below the expected level, but was so popular that the size of the issue was...

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