CDD 0.00% 23.0¢ cardno limited

News: CDD Cardno launches A$92.5 mln in capital raising to reduce debt

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    June 2 (Reuters) - Cardno Ltd (CDD) :

    • Cardno launches fully underwritten capital raising
    • Cardno Limited launches fully underwritten A$92.5 million capital raising to reduce debt and lower the company's leverage ratio
    • Proceeds from the entitlement offer, after transaction related costs, to be used to reduce debt and lower the company's leverage ratio

 
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