Investment Opps

Bingo Industries has announced an initial public offering of 244.2 million new Shares at the Offer Price of $1.80 per Share (“Offer”). The Offer is expected to raise approximately $439.5 million. 

Suncorp Group Limited (Suncorp) today announced its intention to issue a new perpetual, subordinated, convertible, unsecured security, Suncorp Capital Notes (Capital Notes), to raise $250 million with the ability to raise more or less (the Offer). Capital Notes are expected to be quoted and tradable on the ASX.

INSTITUTIONAL & RETAIL ENTITLEMENT OFFER

Plato Income Maximiser Limited has announced an initial public offer of shares and options (Offer) and ie seeking to raise up to $220,000,000. It will be a listed investment company (LIC) which will be traded on the ASX under the code PL8.

Expected Margin of between 3.90% and 4.10% above bank bill rate