New Zealand: Vital Healthcare funds acquisitions with equity raise

NorthWest Healthcare Properties, as manager of NZX-listed Vital Healthcare Property Trust has completed the retail bookbuild component of its underwritten 1 for 8.54 pro rata accelerated entitlement offer announced April 28. Following the close, Vital has raised total gross proceeds of NZ$200m (US$128m). The offering was priced at NZ$2.95 per new unit. The retail entitlement…

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