Business in the Burbs

Bunge to sell 10 million shares

August

Bunge Ltd., the White Plains-based agribusiness giant, expects to raise about $697 million by selling 10 million shares to investors. Bunge said that it expects to use the proceeds from this offering to repay debt and for other corporate purposes. The company added that it expects to grant the offering’s underwriters a 30-day option to purchase up to an additional 1.5 million shares to cover over-allotments.

This entry was posted on Tuesday, August 11th, 2009 at 2:41 pm by Jay Loomis.
You can follow any responses to this entry through the RSS 2.0 feed.
Print | Email

It is a condition of your use of the comment features associated with the blogs that you do not: Use the site to post or transmit any unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane or indecent information of any kind, including without limitation any transmissions constituting or encouraging conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any local, state, national or international law. You alone are responsible for the material you post or send. Refer to the Terms of Service.