Aug 1 (Reuters) - Nufarm Ltd (NUF) :
- ANNOUNCES PLACEMENT OF AUD$97.5M PREFERENCE SECURITIES
- EXPECTS TO REPORT UNDERLYING EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION OF AROUND $420 MILLION FOR 2019
- A QUARTERLY DISTRIBUTION AT A FIXED RATE OF 6% IS PAYABLE TO SUMITOMO FOR FIRST 12 MONTHS AND 10% THEREAFTER.
- SECURITIES MAY BE EXCHANGED FOR NUFARM SHARES AT SUMITOMO'S ELECTION ANY TIME AFTER 24-MONTH AT EXCHANGE PRICE OF AUD$5.85 PER NUFARM SHARE
- EXPECTS TO REPORT ABOUT $50 MILLION OF SIGNIFICANT ITEMS (BEFORE TAX) THAT WILL BE EXCLUDED FROM UNDERLYING EBITDA IN 2019 FY
- EXPECTS TO REPORT NET WORKING CAPITAL OF AROUND $1.6 BILLION FOR YEAR END
- EXPECT NET DEBT TO UNDERLYING EBITDA RATIO TO BE AROUND 3 TIMES FOLLOWING RECEIPT OF PLACEMENT FUNDS FROM SUMITOMO
- ANNOUNCES PLACEMENT OF $97.5 MILLION OF PREFERENCE SECURITIES TO SUMITOMO CHEMICAL COMPANY LIMITED
Source text : http://bit.ly/2LRrTLd
(([email protected];))
News: NUF Nufarm Announces Placement Of $97.5 Mln Preference Securities To Sumitomo Chemical Co
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.32 |
Change
0.020(0.87%) |
Mkt cap ! $884.8M | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.32 | $2.27 | $1.086M | 474.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 24344 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 18742 | 25 |
View Market Depth
| Last trade - 13.10pm 15/09/2025 (20 minute delay) ? |
| NUF (ASX) Chart |