By David Parsley2020-02-13T08:33:00
Grainger, the UK’s largest listed provider of private rental housing, is seeking to raise around £185m from a placing of almost 10 per cent of the company’s shares.
The group is placing up to 61.2m shares, which represents 9.99%, and including additional debt of around £120m based on company’s LTV target range, it will generate aggregate funding capacity of £305m.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.