Credit Corp Group Limited (ASX: CCP) announced the completion of the share purchase plan. SPP received strong demand from the qualified shareholders and the size of the share purchase plan was increased to $35 million (original target was $30 million).
In total, the company raised $120 million via Placement and $35 million through SPP.
The proceeds would support the company to strengthen its balance sheet and also provide flexibility to seize investment opportunities that may arise.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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