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IN BRIEF: Impact Healthcare REIT to raise GBP50 million to repay debt

6th Apr 2021 17:03

Impact Healthcare REIT PLC - real estate investment trust - Intends to raise GBP50 million via a placing of new shares. The company says the price of the Issue will be 111.5 pence per share, which represents a discount of 2.5% to the closing price per share of 114.4p on Thursday last week. The net proceeds of the placing will enable the company to repay amounts drawn under its revolving credit facilities and to fund new investments.

Current stock price: 113.40p, down 0.9% on Tuesday

Year-to-date change: up 4.0%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Impact Health
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