Brief: Plby Group Announces Commencement Of Rights Offering For Common Stock

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19/12/2022 17:54

Dec 19 (Reuters) - Plby Group Inc  PLBY.O :
    * PLBY GROUP ANNOUNCES COMMENCEMENT OF RIGHTS OFFERING FOR
COMMON
STOCK
    * PLBY GROUP - ASSUMING RIGHTS OFFERING IS FULLY SUBSCRIBED,
CO
WILL RECEIVE GROSS PROCEEDS OF $50 MILLION, LESS EXPENSES
RELATED TO RIGHTS OFFERING
    * PLBY GROUP INC - INTENDS TO USE NET PROCEEDS FROM RIGHTS
OFFERING PRIMARILY FOR REPAYMENT OF ITS SENIOR DEBT

Source text for Eikon:  ID:nGNX3GsznW 
Further company coverage:  PLBY.O 
 ((Reuters.Briefs@thomsonreuters.com;))