|
|
Article: Danish Boconcept plans private placement.
- Article from:
- ADP News Nordic
- Article date:
- September 17, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
(ADPnews) - Sep 17, 2009 - Danish luxury furniture retailer Boconcept Holding A/S (CPH:BOCON B) said today it plans to sell up to 342,087 B Series shares to domestic and international institutional investors.
The proceeds will be used to reduce the interest-bearing debt.
Boconcept will offer up to 238,374 new B shares, representing some 9.99% of the company's entire issued B share capital, and up to 103,713 existing B shares currently held as treasury shares. The offering will be executed via an accelerated book-building process, which ...