Health Reit Assura raises £310m to fund 'busiest year'

By Sam Kerr
04 Dec 2017

Assura, the UK healthcare property Reit, has raised £310m of gross proceeds through a firm placing and placing and open offer.

Stifel Nicolaus and JP Morgan were bookrunners. The 545.1m new shares were sold at 57p a share, a 3.4% discount to the 59p close before the announcement.

Of the new shares offered, 193m were placed through a firm placing, which involved the bookrunners securing investors for 36.8% of the deal. 

The ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial