This article is from the Australian Property Journal archive
LEND Lease has successful completed the retail component of its $806 million equity raising.
Lend Lease received applications for approximately 17.6 million new securities, representing approximately 46% of the total number of entitlements offered to eligible securityholders under the Retail Entitlement Offer.
There is an indicative shortfall of approximately 28.2 million new securities. These new securities will be offered under a shortfall bookbuild.
Australian Property Journal
