Tryg unveils rights issue terms

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By Sam Kerr
01 Mar 2021

Tryg, the Danish insurer, has revealed the terms for its $6bn equivalent rights issue to finance the Scandinavian operations of RSA Insurance Group.

The company will sell 352.5m new shares at Dkr105 a share on the Copenhagen stock exchange, a 28.1% discount to the theoretical rights price of Dkr146.1, raising Dkr37bn ($6bn).

Investors will be offered the chance to buy seven new shares for every six that they own. The ...

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