BRIEF-Student Transportation announces C$85 mln bought deal offering

Wed Jul 27, 2016 4:52pm EDT
 
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July 27 (Reuters) - Student Transportation Inc :

* Student Transportation Inc announces c$85 million bought deal offering of convertible unsecured subordinated debentures

* Intends to use net proceeds to fund redemption of 6.25% convertible unsecured subordinated debentures maturing on June 30,2018

* To sell c$85 million aggregate principal amount of 5.25% convertible unsecured subordinated debentures due September 30, 2021 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)