Business
Pepper adds another $50m to IPO, now raising $500m – The Australian Financial Review
Non-bank lender Pepper Money has increased its initial public offering to $500 million from $450 million.
Non-bank lender Pepper Money has increased its initial public offering to $500 million from $450 million.
Pepper Money CEO Mario Rehayem.
Peppers brokers told fund managers on Thursday that the increased offer would see the companys owner, KKR-led Pepper ANZ Hold Co, own 60.6 per cent of the company on listing rather than the earlier advertised 64.5 per cent.
The added $50 million would be used to repay debt. Outside shareholder ownership would increase to about 40 per cent of the group on listing.
…
-
Noosa News23 hours agoInside the final hours before Australian lawyer Christopher Saines died in Thai massage parlour
-
General21 hours agoGerman backpacker Carolina Wilga found alive in WA’s outback
-
Noosa News24 hours agoAustralian NFL player Laki Tasi comes home to convince kids to switch codes
-
Business23 hours agoHow $1,000 a month in this ASX ETF could turn into $500,000