Hektas Says It Decides To Raise Capital Via Private Placement For OYAK; Proceeds Of 2.4 Bln Lira To Be Used For Debt Reduction

About this update from Hektas Ticaret T.a.s.

HEKTAŞ TİCARET BIST:HEKTS:SAID ON THURSDAY, IT DECIDES TO RAISE CAPITAL VIA PRIVATE PLACEMENT WITHOUT PUBLIC OFFERING TO EXISTING SHAREHOLDER OYAKTOTAL NUMBER OF SHARES TO BE BASED ON SHARE SALE PRICE, WITH TOTAL PROCEED TARGETED TO BE 2.4 BLN LIRACAPITAL RAISE AIMS TO REDUCE INDEBTEDNESS AND STRENGTHEN COMPANY'S FINANCIAL STRUCTURESource text for Workspace:Further company coverage:

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