Investment Opps

Reliance Worldwide Corporation Ltd IPO

Institutional Entitlement Offer & Placement Gateway Lifestyle group (GTY) announced a fully underwritten $120m equity raising to fund the purchase of 6 manufactured home estates, and to repay debt. The offer comprised a 2 for 15 accelerated non-renounceable entitlement offer to raise $79.8m, and an Institutional placement for $40.2m.

Walkerston Village Property Trus

The Commonwealth Bank of Australia has announced today the launch of CommBank PERLS VIII. PERLS VIII will qualify as new Tier 1 capital for the Group, and will raise around $1.25b. The notes will be subordinated, unsecured notes, scheduled to pay quarterly, floating rate distributions. The margin over the bank bill rate will be between 5.2-5.35% and will be fully franked. The notes will trade under the code CBAPE, and have a call date in October 2021, with a mandatory exchange into CBA shares in October 2023.

Oneview Healthcare is seeking to raise $62.3m through the sale of 17.2m CHESS Depository Interests at $3.62.