Business
PEXA finalises four bank float syndicate; Barrenjoey nabs a slot – The Australian Financial Review
PEXA’s lined up one of the biggest initial public offering syndicates in recent memory, as it prepares to front listed equity investors for a $3 billion-odd float….
Barrenjoey Capital Partners is the surprise. Its equities business is not slated to open until next month and its equity capital markets team is yet to arrive from JPMorgan. (Although Barrenjoey did poach UBS banker Luke Bentvelzen in the Bloody Monday raid this week. He was heavily involved in the PEXA trade auction).
It is understood the PEXA camp is working on a deal that would seek the company seek to raise about $1 billion for a $3 billion-odd market capitalisation.
The deal is slated for the…
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