FINWIRES · TerminalLIVE
FINWIRES

NEXTDC Completes Nearly AU$2 Billion Wholesale Offering of Subordinated Hybrid Securities

By

-- NEXTDC (ASX:NXT) completed the AU$1.7 billion wholesale offering of subordinated hybrid securities, comprising both the initial AU$1 billion series and the AU$700 million delayed draw series, according to a Thursday filing with the Australian bourse.

Canada-based investment group La Caisse committed to subscribe for AU$1 billion and AU$700 million in the initial series and delayed draw series, respectively, the filing said.

Settlement and issue of the initial series are expected to take place on May 15, while the delayed draw series may be issued within 12 months from May 6, subject to customary conditions precedent, per the filing.

Related Articles

Asia

Shree Cement's Consolidated Profit Declines in Fiscal Q4

Shree Cement's (NSE:SHREECEM, BOM:500387) consolidated attributable profit declined to 5.26 billion Indian rupees in the fiscal fourth quarter ended March 31, from 5.74 billion rupees a year ago.Earnings per share contracted to 145.70 rupees from 159.17 rupees a year earlier, the cement manufacturer said in a filing to the Indian stock exchanges on Wednesday. The EPS was lower than the 148.45 rupees estimated by the analysts polled by Visible Alpha.Revenue from operations in fiscal Q4, however, increased to 61.0 billion rupees from 55.3 billion rupees a year ago.The company's board recommended a final dividend of 70 rupees per equity share of 10 rupees each for the financial year 2025-26.

$BOM:500387$NSE:SHREECEM
Asia

Huaqin Completes 1.2 Billion Yuan Sci-Tech Bond Issuance

Huaqin (HKG:3296, SHA:603296) completed the issuance of its 2026 second tranche of sci-tech innovation corporate bonds to professional investors, according to a Wednesday Hong Kong bourse filing.Hong Kong-listed shares of the smart hardware products manufacturer were up nearly 1% in Thursday morning trade.The company issued 1.2 billion yuan of three-year bonds at a coupon rate of 1.80%.

$HKG:3296$SHA:603296
Asia

Waratah Minerals Secures AU$48 Million in Institutional Placement; Shares Fall 4%

Waratah Minerals (ASX:WTM) has secured AU$48 million through a placement to institutional, sophisticated, and professional investors, issuing around 77.4 million new fully paid ordinary shares at AU$0.62 apiece, representing over a 15% discount to its 15-day volume weighted average price, according to a Thursday Australian bourse filing.The placement is expected to settle on May 13, and the new shares are scheduled to be allotted on May 14, the filing said.The funds will be used to support extensional and resource drilling at the Spur and Consols gold zones, exploration drilling at the Gazzards, Alpine, and Ironclad zones, metallurgical test work, additional geochemical and geophysical target definition, as well as for working capital, the filing added.The company's shares fell around 4% in recent Thursday trade.

$ASX:WTM