Investment Opps

Vocus Communications is a provider of fibre, data centre, unified comms, and cloud services to corporate and government entities. Vocus merged with M2 Group to create the 4th largest telco in Australia and 3rd largest in NZ with brands Commander, Dodo, iPrimus, Slingshot, Orcon, and Call Plus.

Mayne Pharma announced approximately an $888m equity raising to fund the acquisition of 37 and 5 FDA filed products from Teva Pharmaceutical Industries Ltd and Allergan PLC. The Offer is 1 for 1.725 pro-rata accelerated non-renounceable entitlement offer to raise approximately $601m, and a placement to institutional and sophisticated investors to raise approximately $287m. The offer price is $1.28.

Superloop Ltd has announced today an accelerated one for seven pro rata non-renounceable entitlement offer of fully paid ordinary shares to raise approximately $35.3m. Approximately 10.7m new shares will be issued to Institutional and Sophisticated Investors on the 29th June at $2.10, and raising approximately $22.45m.

Ingenia Communities announced the successful completion of a placement of 21.4m new shares at an issue price of $2.80 to sophisticated and wholesale investors. The funds raised will be used to acquire 4 additional Lifestyle Parks, including 3 announced acquisitions.

NAB announced today an offer to raise $750m (more or less) of NAB Capital Notes 2. Each note is expected to have an issue price of $100, and a Margin between 4.95% - 5.10% over the 90 day bank bill rate. The notes will qualify as Additional Tier 1 Capital for the Group. The notes are fully paid perpetual, convertible notes, issued by NAB.