|Deal Type:||Equity Offering|
|Deal Sub-Type:||Rights Offering|
|Deal Country:||United Kingdom|
|Expected Closing Date:||30-Jun-2017|
|Deal Value (USD m):||617.36|
Deal in Brief
Cobham plc, a UK-based provider of technologies and services for commercial, defense, and security markets, has agreed to raise approximately GBP 500 million (USD 617.35 million) in a rights issue.
Bank of America Merrill Lynch, J.P. Morgan Cazenove and Barclays Bank PLC are acting as underwriters for the offering.
The offering is expected to close during the second quarter of 2017.