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General

Globalstar prices offering of 73 mln shares, plus greenshoe

Friday 6 October 2017 | 12:15 CET | News
Globalstar has priced its offering of almost 73 million shares at USD 1.65 per unit. Gross proceeds are seen at USD 121.1 million. The transaction is expected to close on 11 October, subject to the usual closing conditions. There was also a greenshoe of 11 million more shares.

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Categories: General
Companies: Globalstar
Countries: World
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