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The latest announcement is out from Ampol Limited ( (AU:ALD) ).
Ampol Limited has closed a A$500 million wholesale delayed-draw subordinated notes facility, backed by existing hybrid investors and anchored by a cornerstone commitment from Apollo Global Management credit funds. The innovative structure gives Ampol access to fully committed, long-dated funding, with the flexibility to draw the notes in up to two A$250 million tranches through to 31 January 2027, supporting its proposed acquisition of EG Australia, potential future hybrid refinancing and broader corporate funding needs in line with its capital allocation framework, reinforcing its proactive approach to balance sheet management and investor relationships.
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 an Australian-listed energy and fuels company that operates a network of service stations and fuel distribution assets, supplying transport fuels and related products to retail, commercial and industrial customers across the country. The company has been active in the hybrid and subordinated debt markets as part of its broader capital management strategy and growth ambitions in the convenience retail and fuel sectors.
Average Trading Volume: 915,771
Technical Sentiment Signal: Buy
Current Market Cap: A$7.65B
For detailed information about ALD stock, go to TipRanks’ Stock Analysis page.