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Austrian Airlines completes capital increase

01 December 2006

Read more: AUSTRIAN AIRLINES; MERRILL LYNCH; BANK AUSTRIA CREDITANSTALT

Austrian Airlines has completed a capital increase of 51,680,000 bearer shares. The offer price was fixed at Eu7.10 ($9.4) per new share with a total volume of Eu367 million. The maximum subscription and offer price opened at Eu8.12 per share. The global coordinator of the capital increase is Merrill Lynch and the joint bookrunners are Bank Austria Creditanstalt and Merrill Lynch....


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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