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SPC Global Launches $100 Million Equity Raise to Slash Debt and Back Growth

8:34pm on Friday 15th of May, 2026 AEST Consumer Staples
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SPC Global Launches $100 Million Equity Raise to Slash Debt and Back Growth

8:34pm on Friday 15th of May, 2026 AEST
Key Points
  • Fully underwritten $100 million equity raise at $0.10 per share
  • Net leverage to drop from 3.9x to 1.1x pro forma as of December 2025
  • Proceeds primarily to repay $75 million in borrowings and support working capital
  • Equity raise includes $2.9 million placement and $97.1 million entitlement offer
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