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Provider: Reuters Investment Profile
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Fastighets Balder AB Announces Shortened Application Period in Offering to Institutional Investors Regarding Acquisition by Svenska Handelsbanken AB

Friday, 5 Oct 2012 02:00am EDT 

Fastighets Balder AB announced that it has been informed by Svenska Handelsbanken AB (Handelsbanken) that Handelsbanken has decided to shorten the application period for institutional investors in the ongoing offering of 1,000,000 preference shares with a total value of SEK 290 million. Applications to acquire preference shares in the institutional offering are due no later than 12 pm (Central European Time) on October 5, 2012. The reason for the shortened application period is the demand in the offering to institutional investors. The shortening of the application period in the offering to institutional investors is done in accordance with the terms presented in the prospectus made public in connection with the offering. The application period for retail investors is not shortened. Applications for preference shares in the retail offering are due no later than October 8, 2012 as according to the terms in the Swedish prospectus. 

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0.6 +0.18%
11:29am EDT