ENPNewswire-September 5, 2019--CBB Treasury Bills
OversubscribedThe term deposit auction facility (TDF) was slightly
oversubscribed with tenders reaching P102.99 billion versus the volume of P100 billion.
Molecular diagnostics company Atonarp reported on Monday that it has secured USD33m in an
oversubscribed Series C funding round with new and old investors.
Traders in the stock market expected the IPO of the e-payment network Fawry to be 4x
oversubscribed until Monday trading session in the Egyptian Exchange (EGX), taking into consideration the traditional large turnout of investors on big offerings in their last two sessions, which may lead to more demand.
READ: Southern Gold receives more than 28.6 million new share applications in
oversubscribed rights issue
However, due to increased demand, the company added, the private placement has been
oversubscribed by $102,500, raising total gross proceeds of $2,102,500 through the issuance of 10,512,500 units at $0.20 per unit.
As a result of the confidence investors have in the African lender, the exercise received huge subscriptions as it was
oversubscribed by over 4.6 times.
Summary: Arab Petroleum Investments Corporation (APICORP), a multilateral development bank focused on energy investments, signed an
oversubscribed Shariah-compliant syndicated financing for a total amount of SR 1.5 billion (US$ 400 million).
As a result, the number of
oversubscribed schools fell, from 126 to 105, but the growing number of pupils means that 1,559 were still placed in schools that technically didn't have the space for them.
Levi Strauss' Thursday IPO is over 10 times
oversubscribed, CNBC's Leslie Picker reports, citing sources familiar with the matter.
STRONG liquidity in the local market was shown during the auction under the tap facility of the Bureau of the Treasury (BTr) on Tuesday, as tenders for the seven-year Treasury bonds (T-bonds) were almost five times
oversubscribed.
BankDhofar announced that its recently closed RO40mn perpetual bonds issuance has been successfully
oversubscribed. Earlier in December