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RSS FeedsVeoneer Announces Upsizing and Pricing of Concurrent Common Stock and Convertible Senior Notes Offerings
(WorldNews Sweden)

 
 

23 may 2019 04:42:07

 
Veoneer Announces Upsizing and Pricing of Concurrent Common Stock and Convertible Senior Notes Offerings
(WorldNews Sweden)
 


Stockholm, Sweden, May 23, 2019: Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), announced today the pricing of its concurrent underwritten public offerings of 24 million shares of common stock at a public offering price of $17.50 per share and $180 million aggregate principal amount of its 4.00% convertible senior notes due 2024. The offerings are expected to result in combined gross proceeds of $600 million, or $690 million if the overallotment options discussed below are exercised in full. This includes (i) expected gross proceeds of $420 million from the common stock offering, or $483 million...


 
14 viewsCategory: General > Europe > Sweden
 
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