This is now moving fast.........I'd expect something soon.
Next company updadte perhaps.Pepper IPO bids exceed $450m offer size: book message
May 5, 2021 – 9.03amIt’s bookbuild day at KKR-backed non-bank lender Pepper Money.
Pepper Money is one of the largest non-bank lenders in the country, and services three key streams: mortgages, asset finance, and loan and other servicing. Paul Rovere
But even before it launches, the company’s brokers Credit Suisse, Goldman Sachs and RBC Capital Markets have already got enough institutional bids to cover the $450 million offer.
That’s according to a bookbuild message sent late on Tuesday evening, which said:
Institutional orders received to date exceed the offer size of A$450.0m
The message also said the brokers had decided to bring forward Pepper’s bookbuild. It was now scheduled to launch at 4.30pm on Wednesday afternoon, and close on Thursday at 5pm.
This is now moving fast.........I'd expect something soon.Next...
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