CAPITAL MARKETS

Macarthur Coal seeks $39 million from IPO

BOWEN Basin coal miner Macarthur Coal today launched its prospectus to raise $39 million to further expand its Queensland operations.

James Hamilton

The company is issuing 39 million shares to the public at $1.00 each. The issue is fully underwritten by ABN Amro Morgans. Once listed on the Australian Stock Exchange Macarthur Coal stands to become...

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