SVB Holdings said its fully underwritten open offer on its bond issue had received a 22.8% take-up rate.
At 3pm yesterday, SVB said valid acceptances had been received in respect of £8.9m nominal amount of the bonds.
The remaining £30m nominal amount of bonds (77.2%) will be taken up by certain existing shareholders and other institutional investors under the placing, said the company.
Under the firm placing, a further £11m nominal amount of bonds were placed by ABN AMRO Rothschild on a firm basis with certain existing shareholders and other institutional investors.
