Brief: Retail Estates Announces Capital Increase With Irrevocable Allocation Right

Retail Estates NV

11/04/2018 07:50

April 11 (Reuters) - RETAIL ESTATES NV  RETE.BR :
    * CAPITAL INCREASE WITH IRREVOCABLE ALLOCATION RIGHT
    * CAPITAL INCREASE UP TO EUR 123,365,580 THROUGH THE
ISSUANCE OF
UP TO 1.897,932 NEW SHARES
    * SUBSCRIPTION PRICE OF EUR 65 PER SHARE
    * BASIS OF 1 NEW SHARE FOR 5 EXISTING SHARES
    * INTENDS TO USE THE NET PROCEEDS OF THE TRANSACTION TO
REDUCE ITS
DEBT RATIO TO A LEVEL OF ± 50%

Source text for Eikon:  ID:nNDL2dYdsQ 
Further company coverage:  RETE.BR 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))