Taiwanese container line Evergreen has seen its stock decline as much as 5.8% on Wednesday after pricing a new share offering at a 15% discount.
The company said on Tuesday it was selling 500m shares at TWD 15.30 each, against a closing price of TWD 18.05 on Tuesday.
This will raise TWD 6.75bn ($254m) if it can sell out. It wants to pay off existing debt.
