Thursday, May 17th, 2012
-2.34% -0.27€
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IBEX 35 6,611.50
-1.33% -89.20
abertis has commenced a process of placing a block of 35.218.237 shares representing 16% of the currently issued and outstanding share capital of Eutelsat Communications S.A. with qualified investors. Credit Suisse (Europe) Limited, Morgan Stanley & Co. International plc and Société Générale are acting as joint bookrunners in the placement. The placement will take place through a procedure known as “accelerated placement” or “accelerated bookbuilding”.
abertis has agreed to a minimum of six-month lock-up in respect of the remaining stake, with certain standard exceptions.
Once the placement is completed, abertis will publicly report its result through a relevant fact.
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