Edition:
India

Nextage says share issue and placement of treasury stock


Monday, 16 Oct 2017 

Oct 16 (Reuters) - Nextage Co Ltd <3186.T>: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 . 

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