ASIA-PACIFIC

摘要

Australian diversified mining company ausdrill has opened books for an entitlement offer of about A$250m (US$181m). The company is selling 170m new shares at A$1.47 each on a 1-for-2.13 basis. The price represents a 14% discount to the pre-deal level. Proceeds will be used to repay part of the company's US$300m senior unsecured notes issue maturing in 2019. Ausdrill's move to lower its gearing came after it announced a plan to acquire underground mining contractor Barminco in a A$271.5m deal.