Market – September 26, 2019
Bakkafrost has raised €370 million in share issues
Bakkafrost headquarters Glyvrar, Faroe Islands. PHOTO: Ole Alexander Saue
Faroese salmon farmer has sold 7.3 million shares at a share price of NOK 500.
Bakkafrost announced last night that the company was doing a private placement to co-finance the multimillion acquisition of The Scottish Salmon Company.
DNB Markets, a part of DNB Bank, Goldman Sachs International and Nordea Bank, filial i Norge acted as joint book-runners and managers for the Private Placement.
On Thursday morning, the company announces that the money has been raised following an accelerated book-building process.
