Brief: ByggPartnerGruppen To Carry Out Fully Secured Rights Issue

ByggPartner Gruppen AB (publ)

08/05/2023 07:57

May 8(Reuters) - ByggPartnerGruppen   BYGGP.ST :
    * SAID ON SUNDAY INTENDS TO MAKE A DECISION ON A FULLY
SECURED
RIGHTS ISSUE OF ABOUT SEK 280 MILLION, WITH THE OPTION TO
INCREASE THE ISSUE AMOUNT BY SEK 20 MILLION IN CASE OF GREATER
INTEREST FROM INVESTORS
    * THROUGH RIGHTS ISSUE, COMPANY STRENGTHENS ITS SOLVENCY AND
LIQUIDITY POSITION WHILE REDUCING INDEBTEDNESS
    * SUBSCRIPTION PERIOD IN RIGHTS ISSUE IS ESTIMATED TO RUN
DURING
JUNE/JULY 2023

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN2RXpVy
 Further company coverage:  BYGGP.ST  

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