EIIB raises GBP 75 million after an uncertain debute on AIM - ShareCast

European Islamic Investment Bank made an uncertain start to life on AIM. Shares lost more than 40% on first day. EIIB was able to raise GBP 75 million well below the GBP 200 million previously anticipated. Some GBP 60 million was raised through offer to existing shareholders. BNP Paribas acted as financial adviser to EIIB and global co-ordinator and joint bookrunner to the IPO.