Brief: Ferroglobe Reache Pact In Principle Relating To A $100 Mln Capital Raise

Ferroglobe

28/03/2021 11:33

March 28 (Reuters) - Ferroglobe PLC  GSM.O :
    * REACHED AN AGREEMENT IN PRINCIPLE RELATING TO A $100
MILLION
CAPITAL RAISE
    * IMPROVEMENT IN SALES SUPPORTS GRADUAL IMPROVEMENT IN
MARGINS
BEGINNING Q1
    * ENTERED INTO A LOCK-UP AGREEMENT WITH MEMBERS OF AD HOC
GROUP IN
RESPECT OF $40 MILLION EQUITY RAISE FORMING PART OF DEAL

Source text for Eikon:  ID:nGNXbzpGGW 
Further company coverage:  GSM.O 

 ((Reuters.Briefs@thomsonreuters.com;))