The entire cash proceeds of the shareissuance will be returned to ASML shareholders (not including participating customers) through a synthetic buy-back.
Earlier this year America's Federal Reserve notified primary dealers that they would have to bid in auctions for a share of issuance that was in proportion to their size and number.
She refuses to share her balance sheet with stressed countries by allowing the issuance of euro-bonds, until they reform, even though such reforms cannot be implemented in time to head off sovereign defaults that would take down many under-capitalized European banks, now desperately juggling their books to inflate their capital ratios.