March 11 (Reuters) - PSC Insurance Group Ltd (PSI) : PSC...

March 11 (Reuters) - PSC Insurance Group Ltd (PSI) :

• PSC INSURANCE GROUP LTD - RECEIVED BINDING COMMITMENTS FOR A CAPITAL RAISING VIA A PLACEMENT OF 17.8 MILLION FULLY PAID ORDINARY SHARES
• PSC INSURANCE GROUP LTD - FUNDS WILL BE USED OVER TIME TO ASSIST WITH FUNDING OF ACQUISITIONS IN ACCORDANCE WITH GROWTH STRATEGY
• PSC INSURANCE GROUP LTD - CAPITAL RAISING TO RAISE A$80 MILLION AT A$4.50 PER SHARE
• PSC INSURANCE GROUP LTD - RECENTLY UPGRADED DEBT FACILITIES HAVE ABOUT A$90M IN AVAILABLE LIMITS