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Wireless

Sinch raises over SEK 9 bln in directed share issue

Tuesday 25 May 2021 | 13:06 CET | News
Swedish company Sinch, a supplier of mobile customer engagement software, said it has completed a directed new issue of over 7.23 million shares, raising approximately SEK 9.4 billion before costs. This follows authorisation granted at the 18 May AGM. The subscription price was SEK 1,300 per share and was determined through an accelerated bookbuilding process by Carnegie, Danske Bank, Handelsbanken Capital Markets, JP Morgan and SEB.

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Categories: Mobile & Wireless
Companies: Sinch / Softbank
Countries: World
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