Soitec raises €500M via 0.50% ORNANEs due 2033
Soitec SA raised €500M via 0.50% ORNANEs due Sep 2033, priced at a €206.46 conversion price (≈55% premium) with ~6.2% potential dilution; proceeds earmarked for corporate use. The offering was heavily oversubscribed and included a Delta placement with a 90-day lockup.
46 conversion price, about a 55% premium. 2% potential dilution, with proceeds earmarked for corporate use. The transaction was heavily oversubscribed and block-run. It included a Delta placement, a 90-day lockup and an Euronext Access listing.