ASX:PLSMetals and Mining
Assessing Pilbara Minerals (ASX:PLS) Valuation After Its US$600m Bond Offering
Bond offering brings PLS Group into focus
PLS Group (ASX:PLS) has drawn fresh attention after announcing a US$600 million fixed income offering of 6.875% senior unsecured notes due 2031, issued under Regulation S and Rule 144A.
See our latest analysis for PLS Group.
The bond announcement lands after a strong run, with a 30-day share price return of 17.28% and year-to-date share price return of 33.87%. The 1-year total shareholder return is very large, hinting that momentum remains in focus...