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Inghams Group Ltd Initial Public Offer

25
October
2016
News
news, New Investment opportunity, Investment Opps

Inghams Group has announced an IPO to raise approximately $767.6 million to $1,121.1 million, depending on the Final Price. Inghams is Australia and New Zealand's largest integrated poultry producer. The Indicative Price Range for the Offer is $3.57 to $4.14 per Share and the total number of shares on offer are between 214.7m and 270.8m. The Final Price will be determined at the conclusion of the Institutional Offer bookbuild process and may be set below, within or above the Indicative Price Range.

The Offer is being conducted to provide access to the capital markets, funds for the repayment of debt, provide financial flexibility, payment of the transaction costs associated with the Offer, and Existing Shareholders with an opportunity to realise their investment.

Joint Lead Managers are Credit Suisse (Australia) Ltd, Macquarie Capital (Australia) Ltd, UBS AG Australian Branch, Citigroup Global Markets, Goldman Sachs Australia, and Morgan Stanley Australia Securities Ltd. Co-lead Managers are Evans and Partners, and Morgans Financial. Co-Managers are Baillieu Holst, Bell Potter Securities, Commonwealth Securities, Crestone Wealth Management, JBWere Ltd, Macquarie Equities, Morgan Stanley Wealth Management Australia.

Please refer to the Prospectus for further information http://www.inghamsipo.com.au/ 

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