Amagerbanken raises £99m to secure lifeline

first_img whatsapp Share Tags: NULL Show Comments ▼ Amagerbanken raises £99m to secure lifeline KCS-content center_img SMALL Danish bank Amagerbanken has raised 898m Danish crowns (£99.3m) in a fully subscribed rights issue of new shares, fulfilling a tough condition for a government lifeline.In June, Denmark told struggling Amagerbanken to raise 750m crowns by 15 September to qualify for a guarantee for a $2.3bn bond issue carried out in July.Amagerbanken itself and analysts had said it would be difficult to raise the money in time.Amagerbanken shares, which soared to a 10-month-high on 6 September when its main owner Karsten Ree, who has a 33.3 per cent stake, said he would take part in the rights issue, recovered some of its earlier losses on the day to close six per cent down at 6.45 crowns.“It is expected that registration of the capital increase with the Danish Commerce and Companies Agency will be effected on 14 September 2010, and the first day of trading for the new shares is expected to be on 15 September,” Amagerbanken said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Thursday 9 September 2010 8:06 pm whatsapplast_img

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