Ampol Limited (AU:ALD) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Ampol Limited has announced the issuance of A$600 million in subordinated, unsecured notes due in 2054, aimed at refinancing existing debt and supporting general corporate activities. These financial instruments, which could potentially convert into ordinary shares, reflect Ampol’s strategic financial management to align with its Capital Allocation Framework. The company also made amendments to previously issued notes, demonstrating a proactive approach to optimizing its debt structure.
For further insights into AU:ALD stock, check out TipRanks’ Stock Analysis page.