A man walks out of the Nairobi Stock Exchange in Kenya's capital Nairobi
Bank of Kigali's $67.5 mln cash call gets 108 pct subscription rate
KIGALI (Reuters) - Rwanda's Bank of Kigali said on Friday its 60 billion francs ($67.50 million) rights issue was 108 percent subscribed.
The lender, which is Rwanda's biggest by assets, offered one new share for every three held, issuing a total of 222.22 million shares, which will be listed domestically and on the Nairobi bourse.
($1 = 888.8939 Rwandan francs)
(Reporting by Clement Uwingiriyimana; Writing by Duncan Miriri; Editing by Mark Potter)
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.