2013年11月7日星期四

CIMB runs sale of A$503m Fortescue

CIMB is running a bookbuild for A$503 million (US$479 million) worth of shares in Fortescue Metals Group put up for sale in an underwritten block trade, according to a term sheet seen by Reuters.

The offer price for the 91,452,228 shares is A$5.50, compared with Fortescue's closing price at A$5.70.

The book build closes at 0715 GMT.

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