To all those mentioning about Capital Raising, this is unlikely as they already raised capital recently.
$2.3 billion from notes on 22/05/2020, notes have a fixed rate around 4%+-
Why would they Capital raise when they already raised so much capital via notes using the proceeds to pay down existing debt, i presume they paid down the debt that was the most urgent and have converted a large chunk of debt to the above Notes with reasonable rates with long fixed interest periods.
Announcements - SCG Prices A$2.3bn equivalent Snr Guaranteed US$ 144A/Reg S
SCG Trading Under Bare Land Value, page-94
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SCG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.28 |
Change
-0.010(0.30%) |
Mkt cap ! $17.03B | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.31 | $3.26 | $27.37M | 8.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 378290 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 23759 | 5 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SCG (ASX) Chart |