That evening, Credit Suisse announced it would issuenewsharesof the ETN on a limited basis, raising eyebrows among traders who wondered if word of the move leaked out.
As announced on 9 July 2012, ASML can issuenewshares equivalent to 9.99% of its issued share capital to Intel as per the authorizations granted at ASML's 2012 Annual General Meeting of shareholders.
The bank's plan to issue 308.6 million new common shares was aimed at "strengthening the bank's equity capital in light of expected regulatory changes, " Chief Executive Josef Ackermann said.