Street Talk

UBS, Morgan Stanley on the ticket for NextDC’s $550m placement

Sarah Thompson, Kanika Sood and Emma Rapaport

Sep 10, 2024 – 5.00pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

NextDC is back at it, kicking off a $550 million institutional placement after market close on Tuesday via investment banks UBS and Morgan Stanley.

NEXTDC chief executive Craig Scroggie. Rob Homer

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