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Future Rail: Issue 21
2014-11-26 15:46:00| Railway Technology
In this issue: San Franciscos fleet of the future, the first fully automated local network in the US, SNCFs investment strategy at home and abroad, solving Londons transport crisis, 3D laser mapping for rail network maintenance and more.
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issue
rail
future rail
Telekom Austria raises nearly EUR 1 bln in rights issue
2014-11-25 09:22:00| Telecompaper Headlines
(Telecompaper) Telekom Austria has completed its rights issue, raising EUR 997 million. The number of outstanding shares will increase by 221.5 million, from 443.0 million to 664.5 million. In addition to the commitments from its main shareholders America Movil and the state holding company OIAG to take up their pro rata shares, other shareholders subscribed to 25.5 million new shares in the operator. The total take-up rate was 99.7 percent of the shares on offer. The approximately 0.3 percent remaining shares will be taken up by Deutsche Bank and sold in the market. Trading of the new shares on the Vienna Stock Exchange is expected to commence on 27 November. America Movil and OIAG have committed to a lock-up period of six months when they will not sell shares. Telekom Austria intends to use the net proceeds of the capital increase to re-establish its target capital structure and maintain a credit rating of at least BBB (stable) by Standard & Poor's. In particular, the capital increase will allow Telekom Austria to implement an accelerated roll-out of its fibre infrastructure in the coming years and finance additional acquisitions in its growth areas.
Tags: rights
issue
eur
austria
West Coast Port Issue Disrupting Exports
2014-11-24 17:06:00| National Hog Farmer
P. Scott Shearer, Bockorny Group, Washington, D.C. The prolonged labor contract negotiations are causing severe disruption on West Coast port shipments. Sixty-one agricultural associations representing producers, processors, exporters and transportation and logistics providers wrote President Obama asking the administration to take every possible action to help resolve the contract negotiations. read more
QIC to issue Convertible Notes worth $250m
2014-11-24 14:07:30| Electronics - Topix.net
The Deputy Chairman of the Qatar Insurance Company , Abdullah bin Khalifa Al Attiya , addressing the Ordinary and Extraordinary General Meeting of the company at Four Seasons Hotel in Doha yesterday. Salim Matramkot DOHA: Qatar Insurance Company announced yesterday that it will issue "Convertible Notes" totaling $250m to be offered on global financial markets with an aim at attracting foreign investments into the Qatari market.
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notes
worth
convertible
Offshore Technology Focus : Issue 25
2014-11-24 10:33:00| Offshore Technology
In the latest issue of Offshore Technology Focus we examine the latest movement from Greenpeace, look at floating liquefied natural gas in more detail, explore why fracking is being noticed by environmental campaigners, find out more about the offsho
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issue
focus
offshore
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