Latest Balance Sheet News

QBE Insurance Group has priced a AUD 600 million subordinated notes issuance, strengthening its capital base under APRA regulations with notes maturing in 2036.

GrainCorp Limited reported robust first-half results for FY25, driven by a large East Coast Australia crop and solid operational execution, prompting an upgrade to full-year earnings guidance and an expanded share buy-back program.

GrainCorp reported a robust first half of FY25 with improved earnings and upgraded guidance, underpinned by strong East Coast grain volumes and operational resilience.

Tamboran Resources has completed a major stimulation campaign on its Shenandoah South well and raised US$55.4 million to fund further drilling, positioning itself to meet critical gas supply commitments in Australia’s Northern Territory.

Euro Manganese has successfully closed an oversubscribed Security Purchase Plan, raising A$1.5 million to advance its Chvaletice Manganese Project in the Czech Republic. The capital injection will support project development, strategic partnerships, and working capital needs.

EQ Resources has secured an extension of credit facilities from its major shareholder Oaktree, ensuring continued operations at its flagship Barruecopardo tungsten mine in Spain through 2025. The company is also actively restructuring its debt to strengthen its financial position amid improving production and market conditions.

Xero Limited reported a robust FY25 with 23% revenue growth and a 22% rise in adjusted EBITDA, underpinned by subscriber and ARPU gains across key markets. The company is doubling down on AI integration and disciplined capital allocation to sustain momentum.

Orora Limited has unveiled a strategic update highlighting robust growth in its beverage packaging segments, underpinned by strong cans volume expansion and targeted glass network optimisations. The company projects steady earnings and disciplined capital allocation through FY25 and beyond.

Lendlease is in advanced talks to form a 50/50 joint venture with Crown Estate, aiming to accelerate capital release and enhance development delivery across its UK portfolio.

NEXION Group has entered a non-binding agreement to sell its Perth data centre subsidiary to Canadian firm Carrier Connect Data Solutions for AUD 2.5 million, aiming to strengthen its balance sheet.

Burley Minerals has successfully closed a significantly oversubscribed entitlement offer, raising more than $1.1 million to advance its iron ore and lithium projects in Australia and Canada.

Babylon Pump & Power Limited has announced an accelerated non-renounceable entitlement offer to raise approximately $3.5 million, aimed at completing a key acquisition and supporting its working capital needs. The offer invites existing shareholders to subscribe for new shares at $0.004 each on a 7-for-20 basis.