Provident Financial £331 million rights issue

22/3/2018
Share offer, Rights issue

£ 331 million

$ 469 million

Announced

22/3/2018


Overview:

  • Provident Financial has undertaken a £331 million rights issue.
  • The company has also taken out a £85 million bridge facility.
  • Proceeds will increase Provident's capital by more than a third.
  • Invesco Asset Management and Woodford Investment Management have backed the issue.

Katrin Kostadinova - Data analyst 

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