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Beleaguered developer picks syndicate for equity raise
Capital raise consequence of the Trump administration's onslaught on renewables
Offering gets $10bn book and large retail participation
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Share price bounces 7.5% as investors digest 13 for 20 deal
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Doubts linger over IPO market but some hope 2025 will be the year of sell-downs
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Major shareholders underwrite the deal
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Deal to help Peach tackle next year’s bond maturity
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More dilution to come
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Rights issue will allow shareholders to buy shares at a 99.4% discount to Wednesday’s closing price