OHB Launches €500 Million Share Sale to Fund Space, Defense Growth
Updated
Updated · Bloomberg · Jun 15
OHB Launches €500 Million Share Sale to Fund Space, Defense Growth
2 articles · Updated · Bloomberg · Jun 15
Summary
OHB SE began a fully marketed stock offering worth about €500 million, seeking fresh capital for expansion tied to Europe’s space and defense programs.
The Bremen-based satellite maker said the sale will also increase its free float, potentially broadening the stock’s market liquidity and investor base.
KKR, which owns about 29% of OHB, is also looking to sell shares in the deal, though the size of its stake sale has not been confirmed.
The offering underscores how European aerospace and defense companies are tapping capital markets to finance growth as regional spending priorities shift.