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Book covered for Cuscal $479m IPO

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Payments infrastructure business Cuscal, which is owned by Mastercard, Bendigo and Adelaide Bank and most of the big credit unions, has secured its entry to the ASX as its brokers mop up the final leg of its bookbuild.

Cuscal CEO Craig Kennedy. Oscar Colman

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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
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/book-covered-for-cuscal-479m-ipo-20241115-p5kqzu