Brief: Fairfax Africa Announces A Us$150 Million Bought Deal Financing
07/06/2018 22:52
June 7 (Reuters) - Fairfax Africa Holdings Corp FAHu.TO :
* FAIRFAX AFRICA ANNOUNCES A US$150 MILLION BOUGHT DEAL
FINANCING
* FAIRFAX AFRICA - ENTERED DEAL WITH UNDERWRITERS, WHERE
UNDERWRITERS TO BUY 12.3 MILLION SUBORDINATE VOTING SHARES AT
$12.25/SUBORDINATE VOTING EARNINGS PER SHARE
* FAIRFAX AFRICA HOLDINGS - INTENDS TO USE NET PROCEEDS OF
OFFERING TO ACQUIRE ADDITIONAL AFRICAN INVESTMENTS AND FOR
GENERAL CORPORATE PURPOSES
Source text for Eikon: ID:nGNX5LVXQh
Further company coverage: FAHu.TO
((Reuters.Briefs@thomsonreuters.com;))
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