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Three brokers tapped for Steadfast Group bookbuild

Macquarie, UBS and JPMorgan's equities desks are expected to be drumming up interest in Steadfast on Wednesday.

It is understood the three brokers will run a bookbuild to help the company raise $100 million via a placement of new shares.

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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/three-brokers-tapped-for-steadfast-group-bookbuild-20190821-p52j72