Posts Tagged ‘shares’

By Nagesh Narayana Microfinance Focus, Jan. 21, 2010: Financiera Independencia, a Mexican microfinance lender of personal loans to lower income segment individuals, has announced that on January 15, 2010 it completed the Rights Offering Process of the 85,000,000 share capital increase first announced on November 30, 2010. A total of 79,904,401 shares were subscribed at the issue price of Ps.10 ($.78) per share, it said. The remaining ... Full story

Microfinance Focus, Dec. 21, 2009: mexican microfinance lender Financiera Independencia has signed an agreement with fund-managers Eton Park Capital Management, by which Eton Park will subscribe for 70 million shares pursuant to the capital increase announced by the company in November. In return, Eton Park will have the right to subscribe for an additional 45 million shares (25 million at 14 pesos per share and 20 ... Full story