Gryphon Capital Income Trust (AU:GCI) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Gryphon Capital Income Trust has successfully completed an early wholesale placement, issuing 24.9 million new units at $2.00 each, with trading expected to resume promptly. The funds will be invested according to the Trust’s existing strategy without affecting the target return. Additionally, an Interest Purchase Plan for eligible Australian and New Zealand unitholders is under consideration.
For further insights into AU:GCI stock, check out TipRanks’ Stock Analysis page.