With Tabcorp having been absent from capital markets since 2012, Stuart Roe, Tabcorp’s Melbourne-based general manager, corporate finance, discusses market selection in the wake of the company’s return. The US$1.4 billion US private placement (USPP) deal, priced in the early hours of 23 March, is the second-largest USPP by an Australian-origin issuer, according to KangaNews data.