Article: Strong demand for $100m Graincorp placement.

Byline: Carrie LaFrenz

Oct 07, 2009 (The Australian Financial Review - ABIX via COMTEX) -- GrainCorp's October 2009 institutional placement is believed to have attracted a take-up of close to 100%. The $A100m placement, which was underwritten at $A6.35 per share, is thought to have closed on 7 October at a premium of around 10%. Analysts said the placement's success reflected investor confidence in the ...

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