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SPC Global launches $100 million rights issue to cut debt and back growth
10:00am on Thursday 1st of January, 1970 AEST
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Consumer Staples
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SPC Global launches $100 million rights issue to cut debt and back growth
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Fully underwritten $100 million equity raise
Rights trading commenced under code SPGR
Offer price at $0.10, a 71% discount to last close
Proceeds earmarked for debt reduction and working capital
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