Brief: Seven Group Announces Launch Of A$250 Mln Exchangeable Notes Offer
Oct 6 (Reuters) - Seven Group Holdings Ltd SVW.AX :
* LAUNCHED A FULLY UNDERWRITTEN OFFERING OF A$250 MILLION
SENIOR
EXCHANGEABLE NOTES DUE 2027
* CONCURRENT REPURCHASE OF OUTSTANDING A$350 MILLION
CONVERTIBLE
NOTES
* NEW NOTES ARE EXCHANGEABLE INTO FULLY PAID ORDINARY SHARES
OF
BORAL
* PROCEEDS WILL BE USED TO FUND CONCURRENT REPURCHASE OF
CO'S
EXISTING NOTES, AMONG OTHERS
Source text for Eikon: ID:nASX3jCVDw
Further company coverage: SVW.AX BLD.AX
((Reuters.Briefs@thomsonreuters.com;))
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