Orsted sets 67% discount for its $9.4 billion rights issue

Core Viewpoint - Offshore wind developer Orsted has announced a rights issue priced at 66.6 Danish crowns ($10.46) per share, which reflects a significant discount of 66.7% compared to its closing price on the previous Friday [1] Group 1 - The total amount raised through the rights issue is $9.42 billion [1] - The pricing of the rights issue indicates a strategic move by the company to attract investors despite the steep discount [1]