thewest.com.au - 6/16/2009
—
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 ...
us.designforhumanity.com - 6/12/2009
—
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
business.transworld.net - 6/16/2009
—
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
surfline.com - 6/20/2009
—
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 ...
Comments
Blog Reactions
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 ...
Related Content
Billabong Goes To The Market
boardistan.com 5/18/2009 — Looks like analysts were right both ways when they guessed last week that Billabong was either looking to raise more money or going to announce a lower profit outlook, according to a story on Reuters .
Australian surfwear retailer Billabong ...
(05/26) 2009 Billabong XXL Big Wave Awards Airs on ESPN2 This Thursday, May 28
solspot.com 5/27/2009 — Similiar Articles: Nominees Revealed For Billabong XXL Big Wave Awards The Biggest Waves and Best Rides from Around the World Vie for $130,000 as Surfing’s Top Big Wave Event Prepares for Annual Awards Ceremony on... Billabong XXL Big Wave Awards Party Pics Presented by Monster Energy and ...
2009 Billabong Bro Down
snowboard-revolution.com 7/18/2009 — Summary: 2009 Billabong Bro Down - Billabong will be returning to Snow Park New Zealand this coming August for the Billabong Bro Down - Snow Park, Wanaka NZ - To be held on August 28-29, the Billabong Bro Down presented by SONY is a two-day event ...
Billabong surfs rumour wave before update
business.theage.com.au 5/14/2009 — Either a profit downgrade or an equity raising are being tipped by analysts when surfwear company Billabong International updates the market on its financial outlook today.
Brokers Cutback On Billabong Ratings
boardistan.com 5/19/2009 — After Billabong reduced their profit forecasts and announced plans to sell more shares to “pay down debt” the analysts apparently turned on the company. According to a story on Bloomberg at least four brokers have cut the stock to ...
Krishna (Billabong) on Twitter
twitter.com 3/27/2009 — Loader Twitter.com Billabong Padlock_large This person has protected their updates. Name Krishna 18 Following 20 Followers 341 Updates Updates Favorites Following will fleming schrodingercat Leo Baghdassarian Eddie Keith Chu Nick Fohs Heather ...
Billabong Rides Twilight Wave
boardistan.com 5/13/2009 — Product placement appears to be one of the last standing forms of advertising that works in the mainstream market. Check this report from TMZ.com on how Billabong is getting some play from the vampires:
After Kristen Stewart was snapped ...