Mullen has closed its bought-deal financing, which involved the issuance of 11.2 mm shares (including the over-allotment) at an offer price of $13.30 per share for gross proceeds of $149 mm. An additional $10 mm was raised through a concurrent private placement to the Mullen family and insiders at the same issuance price.
17 May 2016
Closes $149 mm Bought-Deal Financing and Concurrent $10 mm Private Placement
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Closes $149 mm Bought-Deal Financing and Concurrent $10 mm Private Placement
Mullen Group Ltd. (MTL:TSE) | 0 0 0.0% | Mkt Cap: 1,516m
- Published:
17 May 2016 -
Author:
Ian B. Gillies -
Pages:
5
Mullen has closed its bought-deal financing, which involved the issuance of 11.2 mm shares (including the over-allotment) at an offer price of $13.30 per share for gross proceeds of $149 mm. An additional $10 mm was raised through a concurrent private placement to the Mullen family and insiders at the same issuance price.