Wow..Mazda Share Offer oversubscribed by 3 times!
Thread Starter
Super Moderator
Joined: Apr 2005
Posts: 10,880
Likes: 340
From: Australia
Wow..Mazda Share Offer oversubscribed by 3 times!
http://www.reuters.com/article/2012/...8E73Z220120307
A $1.9 billion share sale by Mazda Motor Corp was about three times oversubscribed, sources with knowledge of the matter said on Wednesday, underscoring healthy demand for a deal seen as a prelude to a pick-up in new share issues by Japanese companies.
The subscription period for Mazda's 151 billion yen ($1.87 billion) offering, launched by the carmaker late last month, closed on Wednesday. The shares were allocated 75 percent to Japanese investors and 25 percent to overseas investors.
A $1.9 billion share sale by Mazda Motor Corp was about three times oversubscribed, sources with knowledge of the matter said on Wednesday, underscoring healthy demand for a deal seen as a prelude to a pick-up in new share issues by Japanese companies.
The subscription period for Mazda's 151 billion yen ($1.87 billion) offering, launched by the carmaker late last month, closed on Wednesday. The shares were allocated 75 percent to Japanese investors and 25 percent to overseas investors.
Thread
Thread Starter
Forum
Replies
Last Post
WingleBeast
Series I Wheels, Tires, Brakes & Suspension
22
May 23, 2016 09:22 PM
Touge
Canada Forum
0
Aug 11, 2015 10:19 PM