LBS.PR.A Warrant Offering Successful

Brompton Group has announced:

the closing of warrant offerings for four of its funds under

LBS / LBS.PR.A sold 3.3-million units for gross proceeds of $63.0-million.

LBS.PR.A was last mentioned on PrefBlog when I noted that the warrants were in the money. LBS.PR.A is tracked by HIMIPref™ but is relegated to the Scraps index on credit concerns.

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