Challenger launches $300m raising,flags no final dividend

Challenger launches $300m raising,flags no final dividend

Challenger is asking investors to tip in up to $300 million in new equity so it can withstand any further market volatility and pounce on opportunities.

  • byClancy Yeates

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'Run out of money',Marcus Blackmore stays out of capital raising

'Run out of money',Marcus Blackmore stays out of capital raising

The ASX-listed vitamins and supplements maker has kicked off a $117 million capital raising,yet its key investor Marcus Blackmore won't take up any more shares.

  • byDarren Gray
United Malt taps investors for $165m as beer sales suffer in lockdown

United Malt taps investors for $165m as beer sales suffer in lockdown

The newly ASX-listed maltster has kicked off a capital raising just weeks after it was spun out of GrainCorp to boost its balance sheet in the coronavirus pandemic.

  • byDarren Gray
Solomon Lew sits out as Breville launches $104 million capital raising

Solomon Lew sits out as Breville launches $104 million capital raising

The billionaire retailer and major Breville investor hasn't taken part in the global appliance manufacturer's first-ever capital raising.

  • byDominic Powell
NBN Co taps private debt market as privatisation moment nears
Opinion
NBN

NBN Co taps private debt market as privatisation moment nears

NBN Co has taken a step towards eventual privatisation,with a first massive raising in private long-term debt markets.

  • byStephen Bartholomeusz
Judo Bank revels in unicorn status as investors tip in another $230m

Judo Bank revels in unicorn status as investors tip in another $230m

The business-focused challenger bank has pushed through the $1 billion valuation mark after closing its third funding round

  • byClancy Yeates
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Beware the rescue trap for small shareholders
Opinion
Opinion

Beware the rescue trap for small shareholders

When an equity issue is wildly oversubscribed questions will be asked about whether it is priced at too large a discount.

  • byElizabeth Knight
Nitro looks to blast apart IPO gloom with $325m float

Nitro looks to blast apart IPO gloom with $325m float

Productivity vendor Nitro Software is pushing ahead with a planned December IPO that could value it at $325m despite the recent string of failed floats.

  • byColin Kruger