Finnish property company Sponda has unveiled plans to raise EUR 200 mln of equity through a rights issue. The company said on Monday that Solidium, the owner of a 34.3% stake in Sponda, will subscribe to its pro rata share in the rights offering.
Finnish property company Sponda has unveiled plans to raise EUR 200 mln of equity through a rights issue. The company said on Monday that Solidium, the owner of a 34.3% stake in Sponda, will subscribe to its pro rata share in the rights offering.
Julius Tallberg-Kiinteistöt and Ilmarinen Mutual Pension Insurance Company, owners of 7.3% and 3.4% respectively of Sponda, will also support the rights offering, the company added.
