PLS Completes US$700 Million Bond Offering Ahead Of Major Investment Program
Closing price · 2026-10-26: $2.84 · +8.40%
PLS Group has completed a US$700 million senior notes offering, its second in the US debt market, to diversify funding and add flexibility ahead of planned investment. The proceeds are intended for general corporate purposes, including capital expenditure and growth opportunities, as the company prepares for approximately A$1.9 billion of investment in P2000 and approximately A$600–650 million in infrastructure.