NZX capital raising hits $1.46 bln in July as cash trading slows

Sun, 04 Aug 2013

Aug 5 (BusinessDesk) - NZX-listed issuers raised almost $1.46 billion last month, including Ebos Group’s $149 million rights issue to fund its Symbion acquisition, the most in a month since December, though cash trading continued to slow after a flurry of activity at the start of the year. Listed company raised some $954 million in primary equity and $504 million in dual and secondary equity across 17 events in July, taking total capital raised this year to $2.34 billion, according to NZX monthly metrics. Some $500 million of new capital was...

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