Seven West Media A$612 million accelerated non-renounceable entitlement offer

3/6/2015

Private placement of shares, Rights issue

Value:

A$ 612 million

Status:

Completed

Date:

3/6/2015

Overview:

Seven West Media has placed a A$612 million accelerated non-renounceable entitlement offer.
The entitlement offer was announced by Seven West Media as part of a proposal to enable the early conversion by Seven Group Holdings of all the convertible preference shares held by Seven Group Holdings into Seven West Media ordinary shares.
UBS has acted as an underwriter for the deal.

Katrin Kostadinova - Data analyst

Jurisdiction:

Australia

Deal types:

Private placement of shares
Rights issue

Practice area:

Capital markets : Equity

Governing law:

Australia

Industry sector:

Media

Firms:

Ashurst

Party: UBS AG (Underwriter)

Herbert Smith Freehills

Party: Seven West Media (Issuer)

Related deals