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5 months ago
BRIEF-John Laing says proposal to issue up to 89.8 mln shares
March 20, 2017 / 10:30 AM / 5 months ago

BRIEF-John Laing says proposal to issue up to 89.8 mln shares

March 20 (Reuters) - John Laing Infrastructure Fund Ltd -

* Announces a proposal to issue up to 89.8 million new ordinary shares in capital of company

* Net proceeds to be used to repay majority of outstanding sterling debt drawn on revolving credit facility

* JLIF intends to issue up to 89.8 million new ordinary shares of 0.01 pence each in capital of company Source text for Eikon: Further company coverage:

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