(Alliance News) - Tetragon Financial Group Ltd on Friday said it has raised USD35.0 million from a tender offer of non-voting shares.

Tetragon Financial is a Guernsey-based closed-ended investment company.

Tetragon has accepted for purchase 3.4 million non-voting shares at a purchase price of USD10.25 per share, raising USD35.0 million.

Shares in Tetragon were untraded at 803.00 pence each in London on Friday afternoon.

By Sophie Rose, Alliance News senior reporter

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