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Lendlease Group ( (AU:LLC) ) has shared an update.
Lendlease has announced the successful pricing of A$450 million in perpetual subordinated hybrid securities, following strong demand from wholesale investors. This initiative, alongside a recent S$400 million hybrid securities issue, aims to enhance financial flexibility, diversify funding sources, and align currency exposure with geographic operations, supporting the company’s strategic capital management and debt repayment efforts.
The most recent analyst rating on (AU:LLC) stock is a Hold with a A$7.12 price target. To see the full list of analyst forecasts on Lendlease Group stock, see the AU:LLC Stock Forecast page.
More about Lendlease Group
Lendlease Group is a multinational property and infrastructure company based in Australia. It specializes in project management, construction, and real estate investment, with a focus on urban regeneration and infrastructure development.
Average Trading Volume: 1,729,587
Technical Sentiment Signal: Sell
Current Market Cap: A$3.66B
See more data about LLC stock on TipRanks’ Stock Analysis page.