OHB (OHB GY) is reportedly adding banks to its EUR 1bln share sale, Bloomberg reports
OHB's move to add banks like Berenberg and Commerzbank for its EUR 1 billion share sale underscores its intent to strengthen capital with a broader syndicate.
Chinese Ministry of Justice urges he EU to immediately correct its erroneous practices and create a fair, just, and predictable market environment for China-EU cooperation; If the EU insists on overstepping its bounds, China will resolutely retaliate
US President Trump says he did not underestimate the situation with Iran, via Fox interview
OHB (OHB GY) is reportedly adding banks to its EUR 1bln share sale, Bloomberg reports
US Industrial Production YoY (Apr) Y/Y 1.4% vs. Exp. 0.4% (Prev. 0.7%)
US Capacity Utilization (Apr) 76.1% vs. Exp. 75.9% (Prev. 75.7%, Low. 75.3%, High. 76.2%)
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- Banks include Berenberg, Commerzbank (CBK GY), Jefferies (JEF) and UniCredit (UCG IM).
This development may enhance the deal's credibility and distribution, potentially leading to more favorable pricing. Traders should watch the appetite for the offering and any impact on OHB's stock, as well as effects on sector dynamics in European equities.
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