Brief: Pacific Radiance Enters Agreement To Acquire Allianz Marine And Logistics Services Holding
22/08/2019 07:27
Aug 22 (Reuters) - Pacific Radiance Ltd PACI.SI :
* ENTERED AGREEMENT FOR ACQUISITION OF ALLIANZ MARINE AND
LOGISTICS SERVICES HOLDING LTD
* IN DISCUSSIONS WITH DEBT FUNDER TO EXTEND DEBT FINANCING
OF AT
LEAST US$180 MILLION OR SUCH HIGHER AMOUNT
* PROPOSES TO RAISE ADDITIONAL EQUITY VIA PLACEMENT, EXPECTS
TO
ENTER INTO A SUBSCRIPTION AGREEMENT WITH INVESTORS
Source text for Eikon: ID:nSN5QNWZC
Further company coverage: PACI.SI
((Reuters.Briefs@thomsonreuters.com;))
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