Cobham to Raise $617.35 Million in Rights Offering

Deal Facts

Deal Type: Equity Offering
Deal Sub-Type: Rights Offering
Issuer: Cobham plc
Deal Country: United Kingdom
Deal Status: Announced
Announced Date: 02-Mar-2017
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.

Companies Involved


 Company Name:
Brook Road, Wimborne, Wimborne Minster
United Kingdom
44 1202 882020
44 1202 840523

Financial Information

Deal Financials

Deal Value (GBP m)
: 500.00
Deal Value (US$ m)
: 617.36
Type Of Security
: Common Stock

Advisors Info

Financial Advisors
Company Advised
Cobham plc
J.P. Morgan Cazenove Limited

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