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BRIEF-Nextage says share issue and placement of treasury stock
October 16, 2017 / 8:01 AM / 2 months ago

BRIEF-Nextage says share issue and placement of treasury stock

Oct 16 (Reuters) - Nextage Co Ltd

* Says it will issue 1.5 million shares and distribute 1.1 million shares of its treasury common stock via public offering

* Says it will issue 390,000 shares via private placement, subscription date on Nov. 27 and payment date on Nov. 28

* Says it aims to raise up to 6.7 billion yen in total, and the proceeds will be used for operating fund, capital expenditure and loan repayment

Source text in Japanese:goo.gl/ijkjf4

Further company coverage: (Beijing Headline News)

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