Advertisement

Sygnus APO oversubscribed

Listed company Sygnus Credit Investments says its additional public offer (APO) of ordinary shares has been oversubscribed.
 
Sygnus on Monday reported that it exercised the option to upsize the offer to 240.8 million new ordinary shares.
 
This reflects a 54% upsize to the maximum allowed by the prospectus dated December 11.
 
Sygnus went to market to raise up to $3.3 billion from the offer with the funds to be used to repay a short term debt and investment.
 


comments powered by Disqus
More Stories
Most Popular
Police investigate murder of Canadian citizen
Hotel cancellations reported in wake of US...
Small plane crashes in Rocky Point