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EquityEquity - Follow-ons and Rights issues

Investors welcome Fugro rights issue

Fugro_PA_575x375_Dec12

Shares in Fugro, the Dutch geo-data specialist, rose by over 7.5% in trading on Wednesday after the company set terms for a €197m rights issue. The cash call is part of a comprehensive refinancing package that finally resolves longstanding issues around debt maturity.

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