13
Mar
11:24
Syrah Resource to raise $65m from AustralianSuper
Australia-listed Syrah Resources on Wednesday announced plans to raise AUD 98 million ($65m) through an institutional placement and an entitlement offer with its largest shareholder AustralianSuper.
AustralianSuper, Australia’s pension fund, has agreed to the conversion of its series 1 and 3 convertible notes into new shares in Syrah, Kallanish notes. The parties agreed to a revised conversion price of AUD 0.6688/share, with AustralianSuper’s stake inc…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous