Itv Launches Pounds 135m Bond Fundraising

Daily MailOctober 14, 2009

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Summary


ITV surprised investors with a Pounds 135m fundraising move after abandoning the auction of a profitable digital TV division.

Candidates for its top two jobs may be in short supply, but the broadcaster managed to find takers for a flood of IOUs that can turn into shares in the future.

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Itv Launches Pounds 135m Bond Fundraising

The bonds pay an annual interest rate of 4pc and convert int...

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