Deutsche Bank assists in London Stock Exchange listing for mining project
What happened
The company promoting the El Moto Mine launched its listing on the London Stock Exchange to finance its 211-million-euro project. Deutsche Bank is one of the banks handling the share placement, which could raise several tens of millions of euros. Deutsche Bank will also provide bank financing of up to 120 million euros for the project.
From thecorner.eu
Why it matters
The listing is intended to raise capital to finance the construction of the mine and to pay part of the agreed price upon acquiring the operation. The offering aims to enter the main market of the London Stock Exchange.
A company is now a UK listed company on the London Stock Exchange.
From thecorner.eu
Who's involved
- Deutsche BankParticipated in the listing offering and provided bank financing.
- London Stock ExchangeThe stock exchange where the company is launching its listing.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Deutsche BankSpeculative
Deutsche Bank might see changes in its business segment due to its direct involvement in the listing placement and providing bank financing.
Keep exploring
Part of
A company is now a UK listed company on the London Stock Exchange.Also in this story
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- Beauty Tech Group was founded in Manchester and listed on the London Stock Exchange, with Laurence Newman serving as CEO.
- Rathbones admitted new notes to trading on the London Stock Exchange.
The entities involved
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London Stock Exchange
stock exchange in the City of London
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Deutsche Bank
German global banking and financial services company
Related events
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