Macfarlane Group will issue 10,000,000 new ordinary shares in a private placement to raise £5.8m ($7.61m) in order to fund its acquisition of Nelsons.
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The shares are priced at £0.58m ($0.761m), with each representing a discount of around 4.1% to the closing price on 25 July.
The transaction is expected to be completed by the end of July.
Unilever will issue five-year senior notes bearing an interest rate of 1.375% through its debt-issuing vehicle to Unilever Capital Corporation to secure $550m.
The notes will be issued in a public offering and have been priced at 99.204% of the principal amount.
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By GlobalDataThe FMCG company announced the offering on 25 July and expected to close it on 28 July.
In a similar transaction, the company earlier issued ten-year senior notes in a public offering to raise $700m. The notes are payable semi-annually and carry an interest rate of 2%.
Paper products manufacturer Lecta will raise €225m ($247m) by issuing new floating rate, five-year senior notes.
The notes will have an interest of three months according to the Euro Interbank Offered Rate (EURIBOR), in addition to a 6.375% basic a share, which will payable on a quarterly basis.
Based in Luxembourg, Lecta manufactures labels, flexible packaging, commercial and thermal printing, publishing, business forms and self-adhesives.
Image: Macfarlane Packaging is the UK's largest distributor of protective packaging products and services. Photo: courtesy of HornM201 via wikimedia.
