Abengoa announces exercise of greenshoe option

October 28, 2013 |

In Washington, Abengoa announced that the underwriters of the previously announced Offering of 250,000,000 Class B Shares (either in the form of shares or American Depositary Shares) have exercised in full their over-allotment option to purchase an additional 37,500,000 Class B Shares from Abengoa.

Including the exercise of the over-allotment option, Abengoa’s offering amounts to a total of 287,500,000 Class B shares, either in the form of Class B shares or ADSs, which represents a total capital increase of € 517,500,000. Abengoa reaffirmed that the offering will be used to repay corporate debt maturities due in 2013 and 2014.

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Category: Fuels

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