The Week Ahead: Investors Await Information On Lloyds Fundraising Scheme
The Scotsman › November 23, 2009
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Summary
INVESTORS are waiting for Lloyds Banking Group to unveil more details of its record fundraising plans this week.
The bank will take its mammoth plan to shareholders on Thursday for approval as part of its efforts to sidestep the UK government's toxic asset protection scheme (APS).See the full content of this document
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The Week Ahead: Investors Await Information On Lloyds Fundraising Scheme
The group, which is 43 per cent owned by the taxpayer, is raising a record-breaking GBP 13.5 billion from shareholders to duck the APS, accompanied by a debt conversion offer expecte...
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