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Tabcorp Raises $300 Million Through Medium Term Notes

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Tabcorp Raises $300 Million Through Medium Term Notes

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Tabcorp Holdings Limited ( (AU:TAH) ) has issued an announcement.

Tabcorp Holdings Limited has successfully issued $300 million in Australian Medium Term Notes as part of its capital management strategy. This move aims to diversify funding sources and extend debt maturity, reflecting investor confidence in Tabcorp’s recent business improvements and enhancing its liquidity and financial stability.

The most recent analyst rating on (AU:TAH) stock is a Buy with a A$1.02 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.

More about Tabcorp Holdings Limited

Tabcorp Holdings Limited is a prominent company in the gambling and entertainment industry, offering a range of betting, gaming, and wagering services. The company focuses on providing diversified entertainment options and operates primarily in the Australian market.

YTD Price Performance: 66.36%

Average Trading Volume: 9,006,450

Technical Sentiment Signal: Buy

Current Market Cap: A$2.09B

Find detailed analytics on TAH stock on TipRanks’ Stock Analysis page.

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