NHC 1.92% $4.78 new hope corporation limited

News: NHC New Hope Says Launched An A$150 Mln Senior Unsecured Convertible Notes Offering Due 2026

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    June 24 (Reuters) - New Hope Corporation Ltd (NHC) :

    • LAUNCHED AN OFFERING OF A$150 MILLION OF SENIOR UNSECURED CONVERTIBLE NOTES DUE 2026
    • NOTE OFFERING HAS ABILITY TO UPSIZE OFFERING BY UP TO A$50 MILLION
    • USE OF NET PROCEEDS MAY INCLUDE FURTHER GROWTH EXPANSION AND M&A ACTIVITY
    • WASHINGTON H. SOUL PATTINSON AND CO COMMITTED TO MAKE AT LEAST 50 MILLION ORDINARY SHARES AVAILABLE FOR AN A$150 MILLION TRANSACTION
    • WASHINGTON H. SOUL PATTINSON& CO COMMITTED TO MAKE AT LEAST 75 MILLION ORDINARY SHARES AVAILABLE FOR A$200 MILLION DEAL TO MARKET FOR STOCK BORROWING

    Source text https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02387815

    ([email protected])

 
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