Friday May 9, 01:52 PM
International Power convertible bond issue raised to 700 mln euros
LONDON (Thomson Financial) - International Power Plc. said the total principal amount of its senior convertible bond issue has been raised to 700 million euros after a 50 million over-allotment option has been exercised.
The option
was granted to Deutsche Bank AG (Frankfurt: DB9999 - news) 's London branch and Morgan Stanley (SPU - news) & Co International Plc.
The 700 million euros amounts to about 552 million pounds.
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