Mineral Resources Says Equity Raise Not Under Consideration

MT Newswires Live
04/30

Mineral Resources (ASX:MIN) said it is not considering an equity raise, given "strong" liquidity of over AU$1.25 billion as of March 31, according to a Tuesday filing with the Australian bourse.

The company holds more than AU$450 million in cash and has full access to an undrawn AU$800 million revolving credit facility, with no covenant breaches expected, the filing said.

Net debt stood at AU$5.4 billion, with the third quarter outflows driven by AU$360 million in capital expenditure and AU$50 million in working capital, the filing added.

MIN expects to refinance a AU$700 million bond maturing in 2027, with early refinancing possible from May.

Bond market volatility has not affected its serviceability or interest expense, the company said.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10