Australia’s Tabcorp Holdings Limited has successfully raised AUD$250m through the offer of Tabcorp Subordinated Notes which will be used for general corporate purposes including the repayment of existing financial indebtedness.
Tabcorp allocated $200m of Tabcorp Subordinated Notes on a firm basis to institutional investors and brokers through the bookbuild process and raised a further $50m from holders of Tabcorp ordinary shares and Tabcorp Bonds and other investors.
“We are pleased with the positive [...]
