SkyCity Entertainment Group Limited (NZX:SKC) has successfully completed the $180 million institutional placement, which was part of the $230 million equity raising announced on 17 June 2020.
- The placement of 72 million new, fully paid ordinary shares were fully subscribed at the fixed price of $2.50 per share;
- The placement was supported by existing institutional shareholders and also attracted considerable bids from other institutional investors.
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