Nufarm Limited (Nufarm) has undertaken the placement of $97.5 million of preference securities (PS) to existing shareholder and strategic business partner, Sumitomo Chemical Company Limited (Sumitomo), through a wholly owned subsidiary (Nufarm Investment Pty Ltd). The transaction strengthens Nufarm's balance sheet as a result of the issue of an equity instrument and builds on the longstanding relationship between Sumitomo and Nufarm. Read more