France: PSA prices equity issue at steep discount

PSA Peugeot Citroen has announced that its new equity issue will be based on an offer of 16 new shares for every 31 existing shares held by investors at €8.27 (US$10.92) per share, a 42% discount to the closing price on 5 March. The capital increase will be underwritten by a Subscribe to Automotive World … Continued

• By Webmaster
• March 6, 2012