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An update from Gryphon Capital Income Trust ( (AU:GCI) ) is now available.
Gryphon Capital Income Trust has announced the opening of a unit purchase plan, offering new ordinary units to existing eligible unitholders in Australia and New Zealand. The offer is optional, with a price of A$2.00 per new unit, allowing applications for parcels ranging from A$1,000 to A$30,000. This initiative aims to strengthen the Trust’s capital base and potentially enhance its market positioning by engaging existing stakeholders.
More about Gryphon Capital Income Trust
Gryphon Capital Investments Pty Ltd, a subsidiary of Barings, is a fixed income investment manager with extensive experience in the Australian and international markets, managing over A$4.9 billion in assets. Being part of Barings, which has over US$456 billion in assets under management, allows Gryphon to leverage a global platform for scaling its investment strategies.
Average Trading Volume: 964,687
Technical Sentiment Signal: Buy
Find detailed analytics on GCI stock on TipRanks’ Stock Analysis page.