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Showing 51 - 60 of 155 results for "capital raise"

Macquarie kicks off $400m raise

ALLY SELBY  |  MONDAY, 11 MAY 2020
Macquarie Bank has announced a $400 million capital raise, with the convertible notes set to be quoted on the ASX from Tuesday, May 19. The raise, aimed at both institutional and retail investors and Macquarie shareholders, will be issued at $100 per ...

Volatility continues to drive investors

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
Investors continue to be driven by the market volatility caused by COVID-19, with the ASX recording ever-increasing trading volumes. Average daily trades on the Australian Securities Exchange continue to rise, as investors deal with the ongoing fallout ...

Charter Hall kicks off $115m raise

ALLY SELBY  |  MONDAY, 4 MAY 2020
... brokerage costs. This raise will not be underwritten, with further information to be lodged in a week's time. The capital raise will help the trust withstand any unexpected impacts from COVID-19, Charter Hall said. "The equity raising is being conducted ...

Dividends could take years to return: UBS

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... first of Australia's big banks to slash its dividend in its half year results, as well as announcing a $3.5 billion capital raise.

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... Charter Hall's real estate investment trust's (ASX: CQR) closing price on Friday. The proceeds from the capital raise will strengthen the REIT's balance sheet and provide flexibility amid the COVID-19 crisis, Charter Hall said. The firm's ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... leadership team take pay cuts. Releasing its 1H results this morning, NAB entered a trading halt as it announced a capital raise to bolster the group for a possible prolonged economic downturn. The capital raising comprises a $3 billion fully underwritten ...

ASX ups capital raise capacity

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... as the placement," the ASX said. Under the new guidelines, entities will also have to notify the ASX prior to any capital raise, even if it is needed urgently to address issues arising from the COVID-19 pandemic. In addition, companies will need to confidentially ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
A UK asset manager and financial services provider has acquired a 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General ...

Superannuation fund hits brakes on raise

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
... with strategic investors in financial services and impact investing earlier this year as it looked to kick start a capital raise for an undisclosed amount. However, it had to halt the raise, at the same time as the local bourse and the S&P 500 nosedived. ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
The state of play for women in financial services remains dramatically disadvantaged. According to Morningstar's latest report on Women in Investing, gender diversity in funds management hasn't changed over the past two decades. "When it comes to gender ...