Prime Office raises 130 mln euros in capital increase

FRANKFURT Fri Feb 14, 2014 2:46am EST

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FRANKFURT Feb 14 (Reuters) - German real estate company Prime Office AG on Friday said it raised 130.4 million euros ($178.21 million) through a capital increase.

The group said proceeds would be used to strengthen its equity capital position and to reduce leverage. ($1 = 0.7317 euros) (Reporting by Harro ten Wolde; Editing by Christoph Steitz)

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