Wednesday, September 28, 2022

Capital raise

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Capital raise

Paladin raises $192 Million

Source : ASX-listed Paladin Energy ((PDN)) last week announced a $218.7 capital raise. At the time of writing $192.5m had been successfully completed via an institutional placement and the institutional component of the entitlement offer. The balance of funds will be raised (also at $0.37) via a fully underwritten retail entitlement offer which opens on March 24. Paladin Energy (PDN) has successfully completed a placement and institutional entitlement offer and raised $192.5 millionThis forms part of a larger $218.7 million equity raise to redeem senior debts and reduce its capital structureUnder the placement,...