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Latitude Group Holdings Ltd. ( (AU:LFS) ) has issued an announcement.
Latitude Group Holdings has updated the market to confirm the final number of Latitude Capital Notes 2 that will be issued and quoted on the ASX following the close of its latest offer. The announcement formalises the outcome of the capital notes issuance process, clarifying the size of this funding instrument and providing investors with certainty on the volume of new securities coming to market.
By lodging this updated application for quotation, Latitude progresses the listing of Latitude Capital Notes 2 on the ASX under its existing issuer code. The move underlines the company’s continued use of listed capital notes as part of its funding strategy, which may influence its capital structure and the investment options available to income-focused stakeholders.
The most recent analyst rating on (AU:LFS) stock is a Hold with a A$1.20 price target. To see the full list of analyst forecasts on Latitude Group Holdings Ltd. stock, see the AU:LFS Stock Forecast page.
More about Latitude Group Holdings Ltd.
Latitude Group Holdings Limited is an Australian financial services company listed on the ASX under the code LFS. It operates in consumer finance, offering credit and lending products to retail customers and accessing capital markets via listed debt-style securities such as capital notes.
Average Trading Volume: 71,551
Technical Sentiment Signal: Sell
Current Market Cap: A$977.3M
For an in-depth examination of LFS stock, go to TipRanks’ Overview page.