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EBOS placement upsized ahead of book close

Dual-listed health care supplies company EBOS Group has upsized its equity raising, following response from investors.

Bookrunner UBS sent a message to funds on Tuesday afternoon, saying: "Due to overwhelming demand, the EBO deal size is being increased to NZ$175 million (from the original NZ$150 million)".

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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-placement-upsized-ahead-of-book-close-20190430-p51iqh