RGI raises EUR 178m in share sale

Moscow-based RGI International has raised $237 mln (EUR 178 mln) in a second share offering of almost 23 million new shares at $10.44 each. RGI is planning to use $140 mln to fund the acquisition of the Chelsea and Victory Park developments in Moscow. RGI raised $192 mln in its initial public offer last year.

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