ARTICLE | Financial News

Bavarian planning private placement

December 1, 2010 1:48 AM UTC

Bavarian Nordic A/S (CSE:BAVA) plans to raise DKK150-DKK210 million ($26.7-$37.4 million) through the sale of 800,000-1.1 million shares in a private placement to institutional investors. Handelsbanken Capital Markets and Nordea Markets are joint global coordinators and bookrunners. Bavarian fell DKK2 to DKK205 on Tuesday. ...