Prospectus Regulation: litigation fears stifle equity relief
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Prospectus Regulation: litigation fears stifle equity relief

Banks are advising issuers not to take advantage of a rule relaxation which allows the sale of up to 20% of existing shares without a prospectus. Although the documentation burden can at times put issuers off, here in-house ECM lawyers and analysts explain the real reason why no one has made the most of the amendment

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