Kier investors buy 38% of new shares as banks count cost

Kier investors bought just 37.66 per cent of its new shares under the group’s £264m rights issue, leaving lenders to buy the remaining shares at an inflated rate.

source https://www.constructionnews.co.uk/companies/contractors/kier/kier-investors-buy-38-of-new-shares-as-banks-count-cost/10038420.article