ANZ 1.01% $30.44 anz group holdings limited

capital raising, page-11

  1. 13,068 Posts.
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    practisingaccountant,

    I agree - private placement , but with a SPP for retail investors so they don't get too peeved about the insto discount, as done by WBC and CBA. I only see capital raising if they go ahead and need it. At this stage, not clear what the $1.8b buys - if it was to buy $1.8b of housing loans, no capital raising would be needed, ANZ will use debt. So depends on amount of assets and particularly goodwill which the regulator requires $ for $ capital.

    BTW - when do you stop becoming a practising accountant and become a real one?
 
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