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How TPG Telecom Raised $300M Despite Market and Emergency Service Setbacks
8:51am on Wednesday 19th of November, 2025 AEDT
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Telecommunications
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How TPG Telecom Raised $300M Despite Market and Emergency Service Setbacks
8:51am on Wednesday 19th of November, 2025 AEDT
Key Points
Institutional reinvestment plan raises $300 million via 83 million new shares
Shares issued at a 5% discount to last closing price
Plan offsets capital return impact and boosts minority ownership
Initial $550 million target reduced following emergency services incident and market volatility
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