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Austrian debt issuance for 2021 to hit new record - Vimarsana News

Austrian debt issuance for 2021 to hit new record

By Reuters Staff 1 Min Read VIENNA, May 31 (Reuters) - Austria’s debt issuance for 2021 will surpass last year’s record as it will have to sell more bonds to cover the larger-than-expected budget deficit due to coronavirus lockdowns, its treasury said on Monday. In an update to its annual funding outlook, the Federal Financing Agency (OBFA), which refers to itself in English as the Austrian Treasury, increased its forecast for total issuance across all instruments to 65 billion-70 billion euros from the roughly 65 billion euros ($79 billion) announced in December. “(Last year) it came o...

Germany's Bike24 plans to float in Frankfurt - sources - Vimarsana News

Germany's Bike24 plans to float in Frankfurt - sources

Germany's Bike24 plans to float on the Frankfurt stock exchange, sources familiar with the matter said on Thursday, in a deal that could value the online bicycle dealership at more than 500 million euros ($610 million).

Turkish e-commerce platform owner Dogus Planet applies for IPO - Vimarsana News

Turkish e-commerce platform owner Dogus Planet applies for IPO

Dogus Planet, the owner of Turkish e-commerce platform n11, has applied to the Turkish Capital Markets Board (SPK) for a domestic initial public offering, according to the draft prospectus.

CORRECTED-Japan's Renesas to raise $2 bln in new share issue - Vimarsana News

CORRECTED-Japan's Renesas to raise $2 bln in new share issue

Japan's Renesas Electronics Corp will issue 196.4 million new shares to raise 218.5 billion yen ($1.99 billion), the major supplier of automotive semiconductors said on Friday, aimed in part at helping to fund its acquisition of Dialog Semiconductor.

Japan's Renesas to raise $2 billion via new shares to fund Dialog purchase - Vimarsana News

Japan's Renesas to raise $2 billion via new shares to fund Dialog purchase

By Reuters Staff 2 Min Read FILE PHOTO: Renesas Electronics Corp's logo is seen at a company conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai TOKYO (Reuters) -Japan’s Renesas Electronics Corp said it will raise 218.5 billion yen ($1.99 billion) through a new share issue to help the automotive semiconductors maker fund its planned $6 billion purchase of Dialog Semiconductor. In February, Renesas announced the acquisition of the Anglo-German chip designer and Apple Inc supplier in a bid to tap the growth in assisted driving technology and the roll out of broadband 5G networks th...