News: ALX Atlas Arteria Announces Fully Underwritten A$420 Mln Institutional Placement

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    May 28 (Reuters) - Atlas Arteria Group (ALX) :

    • ANNOUNCES FULLY UNDERWRITTEN A$420 MILLION INSTITUTIONAL PLACEMENT & NON-UNDERWRITTEN SECURITY PURCHASE PLAN TO RAISE UP TO A$75 MILLION
    • H2 2019 DISTRIBUTION CANCELLED
    • PLACEMENT AT OFFER PRICE OF A$6.20 PER SECURITY
    • CANCELLED H2 DISTRIBUTION & PROCEEDS FROM PLACEMENT TO BE USED TO REPAY EXISTING EUR 350 MILLION MIBL FACILITY
 
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