Avio €400m rights issue
Launcher and propulsion maker Avio raised €400m in a fully subscribed rights issue, mainly to build a US plant.
- Company
- Avio
- Type
- Equity raise
- Status
- Completed
- Date
- 20 Nov 2025
- Value
- €400m
- US$ equivalent
- US$452m
- Value basis
- 19,630,197 new shares at €20.37 (about €399.9m), fully subscribed
- Region
- Italy
- Segment
- Listed equity
Parties
- Avio issuer
Key terms
- New shares
- 19,630,197 at €20.37
- Ratio
- 3 new shares for every 4 held
- Underwriting
- Pre-underwriting by Jefferies and Morgan Stanley
- Use of proceeds
- Mainly a new US manufacturing plant
Sources
- Avio: capital increase to support the growth plan (regulated release) emarketstorage.it · 12 Sep 2025
- Avio: FY2025 results (regulated release) emarketstorage.it · 12 Mar 2026
Record ORB-INV-2025-0023. Investments are kept apart from the financings register and never counted in debt totals.
