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CVC LIMITED — Capital/Financing Update 2018
Jun 6, 2018
64728_rns_2018-06-06_8e25cb2f-6041-441f-ac84-35f022e7f21f.pdf
Capital/Financing Update
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7 June 2018
Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000
By: e-lodgement
Attention: Company Announcements
CVC CONVERTIBLE NOTES – SUCCESSFUL COMPLETION OF BOOKBUILD
CVC Limited (the "Company") announced an offer of CVC Convertible Notes (the “CVC Notes”) on 30 May 2018 (“Offer”).
The Company advises that a Bookbuild to determine institutional and broker volume under the Offer was completed on 6 June 2018. Strong demand was received for the Offer which has led to the transaction being upsized from $50 million to $60 million. The final Margin determined under the Bookbuild is 3.75%.
The Company's Managing Director and CEO, Mr. Alexander (Sandy) Beard commented on the level of support from the Bookbuild process.
“We are very pleased with the support CVC has received for the transaction through the institutional and broker firm offers. This offer will contribute to the continued growth and success of CVC and we are excited about welcoming a new group of investors to share in this performance.”
Evans Dixon Group, a division of Evans & Partners, acted as Arranger and Lead Manager to the transaction.
CVC expects to lodge with ASIC today a replacement Prospectus. Full details of the Offer will be contained in the replacement Prospectus available at www.cvc.com.au and announced on ASX.
For further information, please contact Louise Macklin on (02) 9087 8000 or by emailing [email protected] .
John Hunter Company Secretary
7 June 2018
CVC Limited Level 37 T 02 9087 8000 ABN 34 002 700 361 1 Macquarie Place F 02 9087 8088 AFSL 239665 Sydney NSW 2000 www.cvc.com.au Legal/49861616_1