Pendragon, the UK’s largest auto retailer, is refinancing using a fully underwritten rights issue as part of a move to improve its borrowing terms. The aim of the rights issue will be to raise...
Read moreCity analysts are expecting Lookers to be the latest auto retail group to launch a rights issue after the company admitted it was still considering “alternative sources of capital in order to...
Read moreShares in Inchcape rose strongly in mid-month and have continued to tick up since; but are still around half the value they were six months ago. Confirmation of a fully-underwritten rights issue eased...
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