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Bankers kept in dark on LIC’s unusually fast and large $3.3-billion OFS

Officials kept the LIC OFS launch date, as well as size and price, a secret to prevent traders from taking positions ahead of the sale and pushing the stock lower.

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MintLean R·2h ago
Bankers kept in dark on LIC’s unusually fast and large $3.3-billion OFS
Officials kept the LIC OFS launch date, as well as size and price, a secret to prevent traders from taking positions ahead of the sale and pushing the stock lower.
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Bankers kept in dark on LIC’s unusually fast and large $3.3-billion OFS

How 1 sources are covering this

Bankers kept in dark on LIC’s unusually fast and large $3.3-billion OFS

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