Australia's Zip Co plans to raise about $180 mln to repay debt
17/07/2024 24:53
July 17 (Reuters) - Australia's Zip Co ZIP.AX said on
Wednesday it started an equity capital raise of up to A$267
million ($179.66 million) to repay its debt early.
($1 = 1.4861 Australian dollars)
(Reporting by Archishma Iyer; Editing by Sherry Jacob-Phillips)
((Archishma.Iyer@thomsonreuters.com;))
Recent news on Zip
See all newsCiti says Zip has addressed fraud issue, notes stronger transaction growth
Brief: Zip Co Posts Q1 Total Transaction Volume Grew To A$4.6 Billion
Australia's Zip tumbles 50% after fraud incident dents first-quarter customer growth
Australia's Zip hits over 2-1/2-year low after fraud event weighs on quarterly results
Australia's Zip hits two-week high on Google Cloud collaboration