Latest Capital Management News

PLS Group has upsized its senior notes offering to US$600 million at 6.875%, using proceeds to refinance A$375 million of debt and halve its revolving credit facility.

New Hope Corporation is raising A$300 million through a new convertible notes issue while simultaneously seeking to repurchase its existing A$300 million notes. The move coincides with elevated thermal coal prices amid Middle East tensions and ongoing operational guidance.

Desert Metals Limited has launched a fully underwritten entitlement offer to raise approximately $325,000 through new options, aiming to fund ongoing exploration at its gold prospects in Côte d’Ivoire.

Nufarm reports a robust first half of FY26 with underlying EBITDA rising 17% and net debt falling by $130 million, while new CEO Rico Christensen initiates a $50 million cost savings program as part of a strategic refresh.

Nufarm posted a 17% rise in underlying EBITDA for 1H FY26 and unveiled a fresh $50 million cost saving initiative under new CEO Rico Christensen, aiming to sharpen earnings quality and accelerate debt reduction.

Ryman Healthcare’s FY26 retirement living sales hit 1,410 ORAs, aligning with guidance despite a Q4 dip in new sales. The company reports robust aged care occupancy and expects free cash flow near NZD 180 million.

Yancoal Australia is set to acquire an 80% stake in the Kestrel Coal Mine for US$1.85 billion upfront plus up to US$550 million in contingent payments, significantly boosting its metallurgical coal portfolio and production scale in Queensland.

Telix Pharmaceuticals has initiated a US$550 million convertible bonds offering to refinance existing 2029 bonds and support general corporate purposes, securing low-cost, non-dilutive financing with a conversion premium above current share price.

The Qualitas Real Estate Income Fund (ASX: QRI) has raised its March 2026 distribution yield to 7.25% annualised, reflecting a completed investment loan on assets needing repositioning amid ongoing high interest rates.

Tian An Australia Limited reported a statutory profit of $23.4 million for the year ended 31 December 2025, driven by strong property development sales and a gain from restructuring its major shareholder loan. The company progressed multiple residential projects and improved its net asset position amid a recovering housing market.

New Hope Corporation has updated its dividend details, confirming a fully franked 10 cents per share interim payout for FY2026 and setting the Dividend Reinvestment Plan price at $5.41 with no discount.

Zoono Group has boosted its cash receipts by NZ$333,000 this quarter, driven by initial orders worth NZ$585,000 in its fresh food shelf-life extension sector. Despite operating losses, the company expects to sustain operations through signed contracts and inventory.