Investment Opps

Ingenia Communities announced the successful completion of a placement of 21.4m new shares at an issue price of $2.80 to sophisticated and wholesale investors. The funds raised will be used to acquire 4 additional Lifestyle Parks, including 3 announced acquisitions.

NAB announced today an offer to raise $750m (more or less) of NAB Capital Notes 2. Each note is expected to have an issue price of $100, and a Margin between 4.95% - 5.10% over the 90 day bank bill rate. The notes will qualify as Additional Tier 1 Capital for the Group. The notes are fully paid perpetual, convertible notes, issued by NAB.

Westpac has announced the offer of Westpac Capital Notes 4 (WBCPG) to raise $750m with the ability to raise more or less. The Notes will qualify as Additional Tier 1 Capital, and form part of Westpac’s ongoing capital management strategy.

Blue Sky Alternatives Ltd to raise up to $66.8m Blue Sky Alternatives has announced today an equity raising via a placement to institutional, professional and sophisticated investors to raise approximately $30m, and an accelerated 1 for 10 non-renounceable entitlement offer to raise approximately $36.8m.

Wilson Asset Management – WAM Leaders Limited LIC IPO