10th Mar 2014 15:28
LONDON (Alliance News) - CVC Credit Partners European Opportunities Ltd Monday announced plans to launch a placing programme of up to 600 million placing shares, including a placing of C shares with a target issue of over EUR100 million.
The company will issue C Shares at an issue price of 100 pence per sterling share, and EUR1 per Euro share, with an opening net asset value per C Share of at least 99.25%. Proceeds from the placing will be invested according to the company's investment policy.
Shares in closed ended investment company were trading down 0.5% at 103.75 pence Monday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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