11 Apr 2014

Fundraising by The Warehouse

7:05 am on 11 April 2014

The Warehouse has raised $115 million in fresh capital from investors.

A $100 million placement was fully subscribed by domestic and Australian institutions.

But the remaining 15 million share purchase plan was not subscribed, attracting only $10.8 million . The rest was taken up by the underwriter.

The money will be used to fund the company's expansion into financial services.