April 25, 2018 / 4:02 AM / 7 months ago

RPT-BRIEF-Nordic Semiconductor raises $103 million in share issue

(Repeats from Tuesday without changes to text)

April 24 (Reuters) - Nordic Semiconductor ASA:

* PRIVATE PLACEMENT OF NOK 815 MILLION ($103.18 MILLION)

* PRIVATE PLACEMENT RECEIVED STRONG INTEREST FROM NORWEGIAN AND INTERNATIONAL HIGH QUALITY INVESTORS, AND WAS SUCCESSFULLY COMPLETED AT AN OFFER PRICE OF NOK 50.00

* NORDIC SEMI: PROCEEDS WILL BE EMPLOYED TO SUPPORT REQUIREMENTS FOR HIGHER WORKING CAPITAL, SUPPLY CHAIN ENHANCEMENTS, RAMP TOWARDS NEW TIER 1 CUSTOMERS, AND CONTINUE INVESTMENTS TO EXPAND PRODUCT PORTFOLIO AND INTO GROWTH IN EXISTING AND FUTURE OPPORTUNITIES

* RETAINED ABG SUNDAL COLLIER ASA AND DNB MARKETS, A PART OF DNB BANK ASA AS JOINT BOOKRUNNERS Source text for Eikon: Further company coverage: ($1 = 7.8991 Norwegian crowns) (Reporting By Terje Solsvik)

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