(Vienna) All new shares issues of the two-stage capital increase of Raiffeisen Bank International AG (RBI) were listed on the Vienna Stock Exchange today. With a volume of EUR 2.78 billion in fresh capital, this is the third-largest capital increase in the history of the Vienna Stock Exchange and also the third largest corporate action since 2007. This transaction raised the share of free float of RBI stocks significantly – a move which supports the stock's tradability on the exchange. Raiffeisen Bank International is now one of the five largest companies on the Vienna Stock Exchange as measured by market capitalization.
"The success of the transaction shows the strong commitment to the Vienna Stock Exchange. The enormous interest of investors once again reveals the capacity of the Austrian capital market for placing new issues – also for large transactions," the two members of the Management Board, Birgit Kuras and Michael Buhl, were very pleased to state. "The interest in raising funds through the capital market is currently very high – in the form of both corporate bonds and equity capital. We expect more companies to take advantage of the attractive environment for corporate actions."
Trading in Raiffeisen stocks in January was a strong stimulus for the development of trading volumes. Domestic trading volumes have recouped a lot of ground since the summer of last year, and the trend continued in January. Equity trading volumes surged to EUR 5.35 billion on the Vienna Stock Exchange in January (January 2013: EUR 3.32 billion).
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