Genesis Energy rights offer raises ~$243m

Genesis Energy successfully completed its $300m underwritten 1 for 7.9 pro rata renounceable rights offer. The offer received strong shareholder support with $242.7m of applications from eligible shareholders. This represents a take-up rate of approximately 80.9%, including the participation of the Crown (which will maintain its 51.00% shareholding following completion of the Rights Offer) Eligible […]