Downer to raise $400m to offset loss
The infrastructure giant expects to post a loss of more than $150m for its 2020 financial year.
Dual-listed infrastructure giant Downer EDI is raising $A400 million to strengthen its balance sheet as it expects to post a significant loss for its 2020 financial year.
The company told both the ASX and NZX it expected a loss in the range of $150m to $160m for the year ended June 30,
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