The Sydney-headquartered agency will situation 119.42 million shares at A$33.5 every, it mentioned in a regulatory submitting.
The deal is the most important capital elevating in Australia in additional than three years since CSL raised A$6.3 billion in December 2021, based on Dealogic knowledge.
The value is a 6.9% low cost to Goodman’s closing worth of A$35.98 on Tuesday. The deal additionally features a A$400 million safety buy plan for present traders, the submitting confirmed.
Goodman’s shares are buying and selling about 1% increased yr up to now and the corporate mentioned the cash raised would assist fund its knowledge centre and logistics operations future growth plans. It added that a few of the capital would even be used to scale back its debt.
“Escalating demand for knowledge centres has created a step change for the expansion of our enterprise, this has been fuelled by elevated cloud use, migration of information to cloud, AI and machine studying,” Chief Government Greg Goodman informed an investor name.
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The corporate on Wednesday reported A$1.22 billion in operating profit for the primary half, up 8% on the identical time a yr earlier. Goodman at the moment has 5 gigawatts of information centres in 13 cities and intends to begin improvement of an additional 0.5 gigawatts by June subsequent yr.
The brand new property will likely be situated in Sydney, Melbourne, Los Angeles, Tokyo, Paris, Amsterdam and Hong Kong and be price A$10 billion, it mentioned.
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