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Charter Hall Long WALE’s turn for equity top-up – The Australian Financial Review

Serial equity raiser Charter Hall Long WALE REIT is cap in hand in front of investors, again.

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Serial equity raiser Charter Hall Long WALE REIT is cap in hand in front of investors, again.
The property owner’s house broker, JPMorgan, launched a $60 million deal on Thursday morning.
The brokers were seeking buyers at $4.87 a share, which was a 3.2 per cent discount to the last close.
The placement was to be followed by a share purchase plan to raise up to another $10 million.
Funds raised would be used to buy into a portfolio of 70 petrol stations in New Zealand….

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