The transaction will be pitched as the first ASX-listed franked hybrid by a non-financial company in about 20 years.
Last week $4.4 billion New Hope flagged its intentions to issue a new fully franked ASX-listed hybrid security – but the coal producer remained mum on the size of the deal.
Now sources with knowledge of the mooted transaction who were not authorised to speak on the record say the company will head to the market with a $250 million offer on Monday morning.
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Opponents of Israel’s hardline prime minister, Benjamin Netanyahu, are trying to oust him by building a new coalition. To do so, they may have to cross a red line drawn by most Israeli parties: work with Arab colleagues. A devastating single storm compounds the suffering of Gaza’s fourth winter of war. Gaza authorities say more than 20,00 tents were flooded in just two days.Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.
