Debt listings, Australian bank share sales eclipsed IPOs on NZX in 2015

Thu, 07 Jan 2016

By Sophie Boot Jan. 8 (BusinessDesk) - The listing of local government bonds and share sales by Australian banks to bolster their balance sheets eclipsed capital raised from initial public offerings in 2015, NZX data shows. A total of $1.7 billion of new capital was raised from IPOs and compliance listings last year, down from $4.7 billion in 2014, while $8.1 billion of new debt was listed, up from $1.7 billion, according to NZX's shareholder metrics. Secondary listings soared to $12.9 billion from $2.4 billion a year earlier, as dual and...

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