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Tetragon Financial raises USD35 million through tender offer

Fri, 08th Dec 2023 15:51

(Alliance News) - Tetragon Financial Group Ltd on Friday said it has raised USD35.0 million from a tender offer of non-voting shares.

Tetragon Financial is a Guernsey-based closed-ended investment company.

Tetragon has accepted for purchase 3.4 million non-voting shares at a purchase price of USD10.25 per share, raising USD35.0 million.

Shares in Tetragon were untraded at 803.00 pence each in London on Friday afternoon.

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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