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Billabong to use $291m in raisings to pay debt
16th June 2009, 8:45 WST Surfwear retailer Billabong will cut its debt and improve its working capital position after raising $291 million from institutions and retail investors in a rights issue. Billabong spokesman John Moffat today declined to specify how much of the proceeds from the ...
art - Billabong - Design for Humanity Blog
us.designforhumanity.com — Select pieces from the Design For Humanity art show (to be held on June 17th) are available... now for bid on eBay. Proceeds from the sale of these art pieces will be donated to charity: water. 600x_dfh_bid-now_eblast View the art on eBay here. View & ... (more) art - Billabong - Design for Humanity Blog
Billabong Raises $291 Million To Pay Off Debt
Billabong Raises $291 Million To Pay Off Debt
business.transworld.net — According to reports from The West.com.au, Billabong raised $230 million from institutions and an additional $61 million... from an oversubscribed 11-for-two share retail rights issue. The article says that Billabong plans to use the money to reduce debt. (more) Billabong Raises $291 Million To Pay Off Debt
(06/19) 35 Countries Set to Participate at Billabong ISA World Surfing Games Costa Rica
surfline.com — 35 Countries Set to Participate at Billabong ISA World Surfing Games Costa Rica June 19, 2009 PRESS... RELEASE With 46 days until the start of the Billabong International Surfing Association (ISA) World Surfing Games, Costa Rica 2009, 35 nationally ... (more) (06/19) 35 Countries Set to Participate at Billabong ISA ...
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Billabong Raises AUS$291 Million
Boardistan — Billabong needed a little cash to hold them over so what did they do? They went to the market in a “rights issue,” according to a story in The West Australian. The oversubscribed retail rights issue raised $61 million, and the company raised around $230 million from institutions. . . The proceeds from the entitlement offer will improve the company’s balance sheet and give it more flexibility, chairman Ted Kunkel said in a statement. . . Under the entitlement offer, eligible shareholders could subscribe for two new Billabong ordinary shares for ...

Billabong Raises AUS$291 Million
Longboarding and Skimboarding Commentary and News — Billabong needed a little cash to hold them over so what did they do? They went to the market in a “rights issue,” according to a story in The West Australian. The oversubscribed retail rights issue raised $61 million, and the company raised around $230 million from institutions. . . The proceeds from the entitlement offer will improve the company’s balance sheet and give it more flexibility, chairman Ted Kunkel said in a statement. . . Under the entitlement offer, eligible shareholders could subscribe for two new Billabong ordinary shares for ...

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