Qube Completes Institutional Component of the $350 Million Equity Raising


Logistics infrastructure focussed company Qube has completed the institutional component of its equity raising of $118 million.

Key Attributes;

  • Institutional component is $118m of the $350m total targeted raising.
  • The offer was priced at $2.35 or 11% discount to market value.
  • Funds raised for capex and enhancement of the balance sheet.
  • UBS has been noted to be the underwriter of the raising.

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