Carrier1 International S.A. Announces Pricing Of Its Public Offering.Business and Technology Editors ZURICH, Switzerland--(BUSINESS WIRE)--Feb. 24, 2000 Carrier1 International S.A. today announced that its public offering of 9.375 million common shares, par value $2.00 (excluding a greenshoe option Greenshoe Option An option that allows the underwriting of an IPO to sell additional shares to the public if the demand is high. Notes: The name comes from the fact that the Green Shoe Company was the first to issue this type of option. ) was priced at 87 euros per share or approximately $17.48 per ADS. Excluding the greenshoe option, approximately 7.5 million shares were offered by Carrier1 International S.A. and approximately 1.875 million shares were offered by the selling shareholders. The underwriters expect to deliver shares to purchasers on February 28, 2000. The joint global coordinators for the offering were Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. may be obtained from the offices of Morgan Stanley Dean Witter, which is located at 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10036 or Salomon Smith Barney, which is located at 388 Greenwich Street, New York, NY 10013. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction. The securities may not be offered, sold, transferred or delivered in or from the Netherlands as part of their initial distribution or at any time thereafter, directly or indirectly, other than to individuals or legal entities who or which trade or invest in securities in the conduct of a business or profession, which includes, but is not limited to, banks, brokers, dealers, insurance companies, pension funds, other institutional investors and commercial enterprise which regularly, as an ancillary activity, invest in securities. About the Company Carrier1 is a rapidly expanding European facilities-based provider of voice, Internet and bandwidth and related telecommunications services. The Company offers these services primarily to other telecommunications service providers. |
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