Investcorp lists in London

  • Published: 24 November 2006 17:18
  • Last Updated: 24 November 2006 17:18

Investcorp has launched an offering of global depositary receipts (GDRs) on the London Stock Exchange. The total size of the share sale is expected to be about $400 million and pricing is due to take place by mid-December. Each GDR will represent 100th of an ordinary share. Citigroup and Credit Suisse First Boston are lead managers and bookrunners, JP Morgan is co-lead manager and Global Investment House is co-manager. Investcorp is planning to launch a fifth product line, called Gulf Growth Capital, in 2007 to invest within the GCC. The Manama-based investment bank is listed on the Bahrain Stock Exchange (MEED 17:11:06).



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