Investment Opps

“Eight Investment Partners Pty Limited (“8IP”) has announced the launch of an IPO of SIV-compliant Listed Investment Company to be listed on the Australian Stock Exchange;  8IP Emerging Companies Limited (“8EC”).

Westpac will conduct a fully underwritten pro rata accelerated renounceable entitlement offer to all eligible shareholders. Eligible Retail Shareholders can purchase 1 new share for every 23 ordinary shares held at 7pm (Sydney time) on 19th October 2015 for $25.50 per new share. Westpac will use the proceeds to bolster the capital of the Bank in light of global developments as well as APRA and FSI recommendations on changes to risk weighted assets.

Macquarie Group Limited has announced a $400m AUD Institutional Placement to provide capital for the acquisition of the Esanda dealer finance portfolio from ANZ Ltd. The Placement will be conducted by Institutional bookbuild. A Share Purchase Plan (SPP) will be offered to Eligible shareholders.

Link Group is the largest provider of technology-enabled outsourced administration service for superannuation funds in Australia. They are also a leading provider of shareholder management and analytics, share registry services and other value added services to corporate clients both in Australia and globally.

Origin announced today $4.7b of new capital initiatives aimed at strengthening their balance sheet. As part of the initiatives, they announced a $2.5b pro rata renounceable accelerated entitlement offer (PRAITREO).