Editorial Comment

Virgin Australia launches $350 million equity offering

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Virgin Australia launches $350 million equity offering

Virgin Australia Holdings (Virgin Australia) is undertaking a fully underwritten 5 for 14 pro rata accelerated non-renounceable entitlement offer to raise gross proceeds of approximately $350 million. Entitlements are offered on a 5 for 14 basis at A$0.38 per share (approximately 925 million new ord...

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