Iceland Land-Based Salmon Producer LAXEY Closes Oversubscribed EUR 47M Equity Raise
Icelandic land-based salmon producer LAXEY has completed a EUR 47 million equity raise — above its initial EUR 40 million target — after the offering was significantly oversubscribed, driven largely by existing shareholders increasing their positions. The raise brings the total equity secured by the company since inception to approximately EUR 200 million.
Alongside the equity close, LAXEY has signed a committed term sheet for an international syndicated loan coordinated by DNB Carnegie, with DNB, Rabobank, and Arion Bank as mandated lead arrangers...
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