Juul raises $325 million in equity and debt financing

(Reuters) - E-cigarette maker Juul Labs Inc has raised $325 million (£268 million) in an equity and debt offering, a regulatory filing showed on Monday, as the company looks to speed up its global expansion at a time it is facing growing U.S. regulatory scrutiny.

The Securities and Exchange Commission filing from the company, which is 35% owned by Marlboro maker Altria Group Inc <MO.N>, also showed that the funds were not intended to be used for transactions, such as a merger, acquisition or exchange offer, or to pay executives, promoters or directors.

Altria shares were up about 1% in premarket trading.

(Reporting by Siddharth Cavale in Bengaluru; Editing by Shinjini Ganguli)