October 6, 2016 / 6:21 AM / 9 months ago

BRIEF-Catena raises SEK 330 million in private placement proceeds

1 Min Read

Oct 6 (Reuters) - Catena AB :

* Carries out private placement of 2.5 million shares to raise about 330 million Swedish crowns ($38.36 million) in proceeds

* Subscription price was set at 132 Swedish crowns per share

* Private placement was significantly oversubscribed

* Announced plan to carry out directed new share issue via accelerated book-building on Wednesday

* Will use proceeds to invest in value-creating projects, acquisition of strategically located and sustainable logistics properties and other investments Source text for Eikon: Further company coverage: ($1 = 8.6026 Swedish crowns) (Gdynia Newsroom)

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