By Devika Patel
Knoxville, Tenn., Aug. 28 - Ramsay Health Care Ltd. said it completed a A$221.1 million oversubscribed private placement of shares.
The company sold 22 million ordinary shares at A$10.05 each.
Proceeds will be used for growth initiatives.
Based in New South Wales, Australia, Ramsay is a health care group.
| Issuer: | Ramsay Health Care Ltd.
|
| Issue: | Ordinary shares
|
| Amount: | A$221.1 million
|
| Shares: | 22 million
|
| Price: | A$10.05
|
| Warrants: | No
|
| Settlement date: | Aug. 28
|
| Stock symbol: | Australia: RHC
|
| Stock price: | A$10.59 at close Aug. 28
|
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