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BRIEF-Ascendis Health intends to raise about 750 mln rand in rights offering​
November 1, 2017 / 2:42 PM / 16 days ago

BRIEF-Ascendis Health intends to raise about 750 mln rand in rights offering​

Nov 1 (Reuters) - Ascendis Health Ltd

* ‍COMPANY INTENDS TO RAISE APPROXIMATELY 750 MILLION RAND IN RIGHTS OFFERING​

* ‍PROCEEDS WILL BE USED TO SETTLE A SIGNIFICANT PORTION OF OUTSTANDING DEFERRED VENDOR CONSIDERATION PAYMENTS​

* ‍ANTICIPATED THAT RIGHTS OFFER SHARES WILL BE OFFERED AT A PREMIUM TO CURRENT MARKET PRICE​ Source text for Eikon: Further company coverage:

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