Rexel places 14,388,490 shares in EUR 500 million private placement
Rexel priced a private placement share sale issuing 14,388,490 new shares at EUR 34.75 each, raising about EUR 500 million gross; settlement and delivery expected around Oct. 1, 2026.
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05:45:32 AM UTC
SquawkNews
Sept 29 (Reuters) — Rexel SA: Success Of Its C. Eur 500 Million Capital Increase, Without Shareholders' Preferential Subscription Right, To Partially Fund Acquisition Of Gcg Subscription Price Of €34.75 Per Share Represents 1.0% Discount To Last Closing Price Rexel Net Proceeds To Partially Finance Gcg Acquisition And Maintain Net Debt/ebitdaal Ratio Of 2.0x From 2027 Places 14,388,490 New Shares Representing 4.6% Of Share Capital Source text:... Further company coverage: RXL.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;)