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BRIEF-Ablynx to offer and sell about $175 million of its ordinary shares

Published 2017-10-17, 07:43 a/m
© Reuters.  BRIEF-Ablynx to offer and sell about $175 million of its ordinary shares
ABLX
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Oct 17 (Reuters) - ABLYNX NV ABLX.BR :

* ABLYNX ANNOUNCES LAUNCH OF PROPOSED GLOBAL OFFERING

* INTENDS TO OFFER AND SELL ABOUT $175 MILLION OF ITS ORDINARY SHARES IN A GLOBAL OFFERING

* BOFA MERRILL LYNCH, J.P. MORGAN AND JEFFERIES ARE ACTING AS JOINT BOOK-RUNNING MANAGERS FOR OFFERING

* INVESTORS OTHER THAN QUALIFIED INVESTORS UNDER APPLICABLE LAW WILL NOT BE ELIGIBLE TO PARTICIPATE IN THIS PRIVATE PLACEMENT

* BAIRD, BRYAN, GARNIER & CO. AND LADENBURG THALMANN ARE ACTING AS CO-MANAGERS FOR OFFERING

* FINAL PRICE PER SHARE OF ORDINARY SHARES TO BE DETERMINED FOLLOWING BOOKBUILDING PROCESS

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