WDC 0.00% $10.84 westfield group

Ann: Trading Halt , page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 56,667 Posts.
    lightbulb Created with Sketch. 268
    Whereis all the money coming from re-all of the recent large placements?

    Sydney - Tuesday - February 3: (RWE Aust Business News) -
    Westfield (ASX:WDC) has launched an underwritten placement to raise $2.9
    billion.
    The group will issue 276 million securities at $10.50 each.
    The proceeds will further strengthen the balance sheet through
    retirement of debt and position the company for further acquisitions.
    Today's capital raising will result in the group's gearing ratio
    reducing by 4pc to 36pc.
    Westfield expects operational segment earnings and distribution
    per security for 2009 to be in the range of 94c to 97c, assuming the
    proceeds from the placement are used solely to retire debt.
 
watchlist Created with Sketch. Add WDC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.