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Paladin Energy to clear debt as it eyes Langer Heinrich restart

Having increased in value more than tenfold over the past year, Paladin Energy is raising more than A$200 million in an underwritten equity raise to wipe out debt ahead of a future Langer Heinrich restart.

Michael Quinn
Paladin Energy is eyeing a future restart of Langer Heinrich in Namibia

Paladin Energy is eyeing a future restart of Langer Heinrich in Namibia

The one-for-8.5, pro-rata accelerated non-renounceable entitlement offer and institutional placement is raising $218.7 million and is priced at 37c per share, with Canaccord and Shaw and Partners involved....

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