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BRIEF-Difference Capital Announces Monetizations And Plans For Debt Repayment

Published 2019-01-09, 01:08 p/m
© Reuters.  BRIEF-Difference Capital Announces Monetizations And Plans For Debt Repayment
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Difference Capital Financial Inc DCF.TO :

* DIFFERENCE CAPITAL ANNOUNCES MONETIZATIONS AND PLANS FOR DEBT REPAYMENT

* DIFFERENCE CAPITAL FINANCIAL INC - VENA SOLUTIONS SECURED A $115 MILLION EQUITY FINANCING

* DIFFERENCE CAPITAL FINANCIAL INC - VENA SOLUTIONS' $115 MILLION EQUITY FINANCING WILL RESULT IN A MATERIAL INCREASE TO DCF'S NAV

* DIFFERENCE CAPITAL FINANCIAL INC - IN CONNECTION WITH TRANSACTION, DCF MONETIZED A PORTION OF ITS VENA COMMON SHARE HOLDINGS

* DIFFERENCE CAPITAL FINANCIAL INC - TRANSACTION WILL CONTRIBUTE ABOUT $1.43 PER SHARE TO CO'S NAV

* DIFFERENCE CAPITAL FINANCIAL INC - PLANS TO USE PORTION OF FUNDS TO RETIRE EARLY, BY ALMOST 1.5 YEARS, OUTSTANDING $6.7 MILLION OF PRIVATE DEBT

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