13
Oct
13:19
Cognor suspends share offering on inadequate demand
Cognor has suspended its secondary public offering until further notice due to unsatisfactory demand for the shares offered, Kallanish learns from the Polish steelmaker. A revised schedule for the offering will be announced in due course.
Cognor had planned to raise up to PLN 101 million ($27.7m) that was to be used to restructure debt (see Kallanish 27 September). Savings as a result of the debt restructuring were expected to amount to PLN 25 million/year begin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous