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The latest update is out from Ampol Limited ( (AU:ALD) ).
Ampol Limited has announced a new A$500 million delayed-draw subordinated notes facility as part of its capital management strategy. This facility, which includes a unique delayed-draw feature, provides Ampol with long-term funding flexibility and is linked to its proposed acquisition of EG Australia and future refinancing initiatives. The facility is expected to strengthen Ampol’s financial position and enhance its strategic operations, with institutional investors showing strong interest.
The most recent analyst rating on (AU:ALD) stock is a Buy with a A$35.00 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.
More about Ampol Limited
Ampol Limited is a prominent player in the energy industry, primarily focusing on the supply and distribution of fuel products. The company is known for its extensive network of service stations and its commitment to providing energy solutions across Australia.
Average Trading Volume: 894,453
Technical Sentiment Signal: Buy
Current Market Cap: A$7.57B
See more insights into ALD stock on TipRanks’ Stock Analysis page.