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EBOS fronts funds for $NZ150m equity injection

Kiwi health care supplies company EBOS is in front of fund managers seeking a $NZ150 million equity injection.

Stockbroker UBS launched the dual-listed company's equity raising on Tuesday morning, calling for bids at $NZ19.70 a share which was an 8 per cent discount to the last close.

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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
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

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Original URL: https://www.afr.com/street-talk/ebos-fronts-funds-for-nz150m-equity-injection-20190430-p51igj