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The latest update is out from Pengana Global Private Credit Trust ( (AU:PCX) ).
Pengana Investment Management Limited has successfully completed its pro-rata non-renounceable entitlement offer and shortfall offer for the Pengana Global Private Credit Trust, raising a total of $69,185,114. This capital raise will result in the issuance of 34,592,557 new units, increasing the total units on issue to 116,655,366. The new units will begin trading on the ASX in early November 2025, potentially enhancing the trust’s market position and providing additional resources for investment opportunities.
More about Pengana Global Private Credit Trust
Pengana Investment Management Limited operates in the financial services industry, focusing on investment management. The company offers various investment products and services, including the Pengana Global Private Credit Trust, which is listed on the ASX under the ticker PCX. Pengana targets investors seeking exposure to global private credit markets.
Average Trading Volume: 128,381
Technical Sentiment Signal: Buy
See more insights into PCX stock on TipRanks’ Stock Analysis page.