Ramsay Healthcare Announces $1,200 Million Equity Raising

April 22, 2020 12:10 PM AEST
Team Kalkine

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.

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