Tropical Battery's additional offer of shares, which was extended twice, was closed on July 4.
The company was seeking to raise a maximum $2.1 billion, of which $1.5 billion would go toward repaying a bridging loan obtained from CIBC First Caribbean.
Some $300 million will be used to settle a maturing bond, while the remainder will be used as working capital.
Sygnus Capital was the lead arranger for the offer, while JMMB Investments was the selling agent.
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