Qube Completes Institutional Component of the $350 Million Equity Raising

Logistics infrastructure focussed company Qube has completed the institutional component of its equity raising of $118 million.

Key Attributes;

  • Institutional component is $118m of the $350m total targeted raising.
  • The offer was priced at $2.35 or 11% discount to market value.
  • Funds raised for capex and enhancement of the balance sheet.
  • UBS has been noted to be the underwriter of the raising.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s