Singapore's Golden Agri eyes $215 mln from rights issue

SINGAPORE May 27 (Reuters) - Singapore listed plantation company, Golden Agri Resources (GAGR.SI), said on Wednesday it aims to raise S$311 million ($215 million) offering 17 rights shares for every 100 existing shares to support its long term growth plan.

The company, which own plantations assets in Indonesia, also said that is also issuing 3-year warrants. If all of the warrants are exercised the company could raise another S$381 million, it said.

Credit Suisse (CSGN.VX), UBS (UBSN.VX) and BNP Parbas (BNPP.PA) are joint lead managers and underwriters. ($1=1.445 Singapore Dollar) (Reporting by Harry Suhartono, editing by Saeed Azhar)