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EU to Raise Record $24 Billion From Debut Bonds to Fund Recovery

EU to Raise Record $24 Billion From Debut Bonds to Fund Recovery
swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.

Deutsche Bank Set to Reap $1 Billion on Trader s ZIM Bet

Deutsche Bank Set to Reap $1 Billion on Trader s ZIM Bet
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ZIM Announces Closing Of Secondary Offering And Full Exercise Of Underwriters Option To Purchase Additional Shares

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) (the “Company”), a global container liner shipping company with over 75 years of experience, announced yesterday the closing of the previously announced secondary offering by certain selling shareholders of the Company (the “Selling Shareholders”). The offering consisted of 8,021,250 ordinary shares at a price per ordinary share of .

Zim raises $279m in NYSE secondary offering

Zim files to raise up to $360m in secondary offering

Zim files to raise up to $360m in secondary offering The Israeli shipping company will not issue any new shares or receive proceeds from the offering as shareholders seek to profit from the share price s sharp rise. After its share price has risen more than 200% since its IPO on Wall Street in January, Zim Integrated Shipping Services Ltd. (NYSE: ZIM) has filed with the US Securities and Exchange Commission (SEC) to raise between $312-360 million in a secondary offering, according to the current share price. Zim itself will not issue any new shares or receive proceeds from the offering as existing shareholders seek to profit from the share price s sharp rise. Existing shareholders will sell 6,730,583 ordinary shares and will grant the underwriters a 30-day option period to purchase up to 1,009,587 additional ordinary shares.

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