ANZ mulled repricing controversial $2.5B capital raising, ASIC claims

Allens 2019-04-08 10:17 pm By Christine Caulfield | Melbourne

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ANZ Bank executives briefly considered relaunching and repricing a botched $2.5 billion equity capital raising at the heart of two groundbreaking enforcement actions, and the decision by the share placement’s underwriters to instead pick up a $790 million shortfall deprived investors of lower priced shares, a court has been told.

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