Global hospital operator Ramsay Health Care Limited (ASX:RHC) revealed capital raising of approximately $1,200 million.
The fully underwritten institutional placement launched on 22 April 2020 has been priced at $56 per share, which represents a 12.9% discount to Ramsay's $64.29 last close.
Moreover, subsequent to the completion of the placement, the company shall kick off a non-underwritten share purchase plan (SPP) to raise to $200 million.