I know this particular forum seems mostly about Climate Change ;-)... but there's an interesting WHC story in the AFR today.
Can't paste it here, but basically the "Street Talk" is that there's $900m of the acquisition debt covered at a 6% margin. Backers were Ares, Canyon Partners and Farallon Capital. That would be a great result as it's a bigger $ number at a lessor % spread than had been mentioned around the time of the acquisition. No mention of equity either.
Our dream-team of Aussie Banks and Super Funds seemed to have dealt themselves out of these sort of deals in their pursuit of ESG. Absolute madness. But that's a different story.
Debt refi
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.41 |
Change
-0.110(1.46%) |
Mkt cap ! $6.199B | |||
| Open | High | Low | Value | Volume |
| $7.58 | $7.58 | $7.40 | $30.15M | 4.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 211007 | $7.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.41 | 4070 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$7.41 |
Change
-0.110 ( 1.12 %) |
||||
| Open | High | Low | Volume | ||
| $7.58 | $7.58 | $7.40 | 1123053 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WHC (ASX) Chart |