GI Dynamics ’ placement of CHESS Depository Interests (CDIs) has been upscaled to $57.5 million from $35 million due to strong demand from local and domestic fund managers, sources told Street Talk Online on Wednesday.
Bell Potter, which earlier this year executed Mesoblast’s $170 million equity raising, is joint lead manager on the deal. CIMB is co-lead manager while Lazard Capital Markets is acting as United States placement agent.
Loading...
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Gretchen Friemann writes on Business specialising in Banking & Finance, Mining, Real Estate. Based in our Sydney newsroom, Gretchen is a Street Talk editor.
