ASX-listed construction firm Lendlease Group (ASX:LLC) launched capital raising to strengthen its balance sheet. The company stated that capital raising comprises an institutional placement of $950 million in new equity and up to $200 million through a non-underwritten share purchase plan.
Moreover, the company announced plans for a $950 million fully underwritten institutional placement at $9.80 per share, representing an 8.2% discount to the last trading price.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.