We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The rights stuff

1 March 2010 By Nicholas Paisner

Prudential will launch the UK’s biggest rights issue to fund a deal that will double its size. That looks risky for the three banks underwriting the $20 bln issue. But they won’t fix a price for Pru’s new shares for two months. Fees of $700 mln should help ease their fears.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)