Leads confidents Tabcorp upsize will lead to more retail corporates
- Friday, 01 May 2009
Tabcorp (BBB+) closed its five-year bond offer on April 30 having added A$84 million (US$60.86 million) to the initial A$200 million allocation to the institutional and brokerage sector. With around 90 per cent of the total paper being placed with retail investors, lead managers believe the transaction will spark further corporate issuance in the Australian retail market
