R&Q raises $50mn of new equity as group undergoes internal split
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R&Q raises $50mn of new equity as group undergoes internal split

Abbie Day
June 12, 2023
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R&Q has raised $50mn of new capital as the legacy carrier obtains approval for an internal reorganisation.

The capital of non-voting, perpetual, preferred equity, issued by Randall & Quilter PS Holdings (R&Q PS), was raised from investment funds affiliated with Scopia Capital Management, one of R&Q’s largest shareholders.

Under

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