April 11, 2018 / 6:54 AM / 4 months ago

BRIEF-Retail Estates Announces Capital Increase With Irrevocable Allocation Right

April 11 (Reuters) - RETAIL ESTATES NV:

* CAPITAL INCREASE WITH IRREVOCABLE ALLOCATION RIGHT

* CAPITAL INCREASE UP TO EUR 123,365,580 THROUGH THE ISSUANCE OF UP TO 1.897,932 NEW SHARES

* BASIS OF 1 NEW SHARE FOR 5 EXISTING SHARES

* INTENDS TO USE THE NET PROCEEDS OF THE TRANSACTION TO REDUCE ITS DEBT RATIO TO A LEVEL OF ± 50% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below