It's equity capital markets teams at 10-paces as the country's big investment banking teams pitch to float KKR-backed lender Pepper this week.
It is understood ECM bankers will spend the next few days in front of Pepper's board and management team, offering ideas on how to float Pepper's Australian lending business, who they reckon would be likely to buy shares at the float and the company's potential valuation.
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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
