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Prospect News home > News index > List of issuers O > Headlines for Osirium Technologies plc > News item
Published on 10/21/2019 in the Prospect News Convertibles Daily.

U.K.’s Osirium plans 7.5% convertibles due 2024 under Regulation S

By Rebecca Melvin

New York, Oct. 21 – Osirium Technologies plc plans to price an issue of 7.5% convertible unsecured notes due 2024 under Regulation S as part of group of transactions aimed at raising about £4 million, according to a company news release.

The company will also issue placing and subscription shares. Under the subscription shares, about £423,500 will be raised by issuing 1,209,992 new shares.

Trading in the new stock is expected to begin on Friday.

Stifel Nicolaus Europe Ltd. will be acting bookrunner.

U.K.-based Osirium designs subscription-based cyber security software.


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