Vicinity Centres (ASX:VCX) completes $1.2b placement - Sequoia Direct

02JunJune 2, 2020

Vicinity Centres (ASX:VCX) completes $1.2b placement

[videojs_hls url=’//du7x25at22z7c.cloudfront.net/276036/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/Headlines04_360_200602.jpg’]

Vicinity Centres (ASX:VCX) has successfully completed a fully underwritten placement of fully paid new stapled securities to institutional and professional investors, at the offer price of $1.48 per New Security details of which were announced to ASX on 1 June 2020.

The Placement received strong support from existing securityholders and demand from potential new investors, raising $1.2 billion.

This equity raising will strengthen Vicinity’s balance sheet and provide Vicinity with flexibility to respond to the uncertainty caused by COVID-19 and the evolving retail landscape.

Shares in Vicinity Centres (ASX:VCX) shares are trading 2.6 per cent lower at $1.57.

Copyright 2020 – Finance News Network

Source: Finance News Network

Related Posts

07OctOctober 7, 2019

Clinuvel Pharmaceuticals (ASX:CUV) sign CEO for three more years

07 Oct 2019 - Shares in Clinuvel Pharmaceuticals (ASX:CUV) rose today after it reported that its CEO Philippe Wolgen will stay with the company for three more years.

11DecDecember 11, 2020

Rex (ASX:REX) appoints General Manager Sales

11 Dec 2020 - Australia’s largest independent regional and domestic airline, Regional Express Holdings (ASX:REX) has appointed Ann Elliott to the role of General Manager Sales.

07OctOctober 7, 2019

New Energy Solar (ASX:NEW) says no asset sale decision has been made

07 Oct 2019 - New Energy Solar Manager (ASX:NEW), the Investment Manager for New Energy Solar today addressed the recent media speculation from news service SparkSpread regarding a potential asset sale.

31JulJuly 31, 2020

Super Retail Group (ASX:SUL) revenue jump expected for FY2020 as sales increase

31 Jul 2020 - Super Retail Group (ASX:SUL) expects to report an increase in revenue, earnings and profit for FY2020, with the group reporting sales growth despite the impacts of Covid-19.

07OctOctober 7, 2019

A St Barbara JV collects quartz vein rock chip samples

07 Oct 2019 - A St Barbara (ASX:SBM) joint venture with advanced gold explorer Alice Queen ASX:AQX) has completed a soil and rock chip geochemical sampling program across its Horn Island project.

14NovNovember 14, 2022

Stocks of the Hour: Warrego Energy, Alpha HPA, Invictus Energy

14 Nov 2022 - A snapshot of the stocks on the move featuring Warrego Energy (ASX:WGO), Alpha HPA (ASX:A4N) and Invictus Energy (ASX:IVZ).

23OctOctober 23, 2019

Vocus Group (ASX:VOC) appoints Optus CFO Nitesh Naidoo

23 Oct 2019 - Vocus Group (ASX:VOC) has today appointed new chief financial officer Nitesh Naidoo who currently works as Vice President of Corporate Finance for Optus.

07AprApril 7, 2021

Cleanaway (ASX:CWY) accused of having unfair advantages with Suez

07 Apr 2021 - Australian waste management company Cleanaway (ASX:CWY) has been accused, by its French competitor Veolia (EPA:VIE), of having unfair advantages in purchasing Suez’s recycling and recovery assets in Australia.

08JulJuly 8, 2020

Select Harvests (ASX:SHV) says 2020 harvest is complete

08 Jul 2020 - Select Harvests (ASX:SHV) says harvest has been completed and 100 per cent of the 2020 crop has been delivered to their Carina West processing facility.

31DecDecember 31, 2020

ENN nominate new non-executive director

31 Dec 2020 - Santos (ASX:STO) reports that Yujiang (Eugene) Shi will be appointed to the Board as the ENN nominated non-executive director effective from today.