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Australia's Futuris sets A$150 mln hybrid issue

MELBOURNE, Feb 17 (Reuters) - Australian farm services and automotive parts company Futuris Corp Ltd. said it planned to raise up to A$150 million ($111 million) through an issue of hybrid securities.

Futuris said Citigroup Global Markets Australia Pty. Ltd. would be bookrunner and lead manager on the transaction.

($1=A$1.35)