Australia's Judo Capital at 1-year high on $537 million capital relief deal
BUZZ-Australia's Judo Capital at 1-year high on $537 million capital relief deal ** Shares of Judo Capital Holdings JDO.AX rise as much as 12.2% to A$1.56, set for their best day since mid-February 2025, if the trend holds
** Stock hits its highest level since May 7
** The banking products and services the company executes an A$750 million ($537.00 million) capital-relief securitisation transaction backed by small and medium enterprise business loans
** Upsized the transaction on strong investor support from $A500 million to A$750 million.
** Down 10% YTD, including the session's moves
($1 = 1.3966 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
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