Tapping your shareholders: rights issues best practice
1 min read
Explores the key aspects that companies should consider if they are planning to undertake a large equity raise, like a rights issue, as a result of the COVID-19 pandemic: shareholder approvals and shareholder consultation; the working capital position; prospectus requirements; due diligence, verification and comfort exercise; timing and practicalities.
This article was produced in conjunction with The Deal Team as part of their 'Race to Recapitalise' series.