Cofinimmo launches 285 mln euro rights issue for new investments

April 21, 2015 7:53 AM

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BRUSSELS, April 21 (Reuters) - Belgian real estate group Cofinimmo launched a 285 million euros ($304.1 million) rights issue on Tuesday, saying it would use the proceeds for investments in offices and healthcare facilities.

Cofinimmo said it would sell one new share to the holders of six existing ones at a price of 95 euros per share, a 7.6 percent discount to the theoretical share price.

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