Reuters
Published Apr 27, 2020 10:45
* Interactive graphic tracking global spread of the coronavirus: open https://tmsnrt.rs/3aIRuz7 in an external browser
* Interactive graphic showing a country-by-country tracker of the coronavirus: open https://tmsnrt.rs/2WZPuOh in an external browser
* For a factbox detailing layoffs in corporate Australia and New Zealand, click here (Adds National Australia Bank)
April 27 (Reuters) - The fallout from the coronavirus pandemic has sent companies scrambling to create a buffer to survive the crisis through capital raising.
Companies in Australia and New Zealand have largely turned to equity markets to boost liquidity and calm worries among investors and creditors. Regulators in both countries have also eased rules to help companies shore up capital. are some of the equity- and debt-raising initiatives, worth more than $11 billion, from listed companies in Australia and New Zealand:
EQUITY:
COMPANY
REUTERS
AMOUNT
SECTOR
INSTRUMENT
($1 = A$1.5620)
CODE
($1 = NZ$1.6369)
AUSTRALIA
National Australia Bank Ltd
NAB.AX
A$3.5 billion*
Financials Ramsay Health Care Ltd
RHC.AX
A$1.4 billion*
Healthcare Oil Search
OSH.AX
A$1.16 billion
Oil and gas explorer QBE Insurance Group
QBE.AX
$825 million*
Insurance Cochlear Ltd
COH.AX
A$930 million*
Healthcare Flight Centre Travel Group
FLT.AX
A$700 million**
Travel NextDC Ltd
NXT.AX
A$672 million
Data Centre operator Reece Ltd
REH.AX
A$600 million
Plumbing distributor Webjet Ltd
WEB.AX
A$346 million**
Travel Metcash Ltd
MTS.AX
A$330 million*
Grocery distributor G8 Education
GEM.AX
A$301 million**
Education IDP Education Ltd
IEL.AX
A$240 million*
Education Southern (NYSE:SO) Cross Media Group Ltd
SXL.AX
A$169 million
Media oOh!media Ltd
OML.AX
A$167 million**
Advertising InvoCare Ltd
IVC.AX
A$150 million
Funeral Services Centuria Industrial REIT
CIP.AX
A$140 million*
REIT
AUSTRALIA TOTAL
$7.69 billion
NEW ZEALAND
Auckland Airport
AIA.NZ
NZ$1.2 billion*
Travel Kathmandu Holdings Ltd
KMD.NZ
NZ$207 million**
Retail
NEW ZEALAND TOTAL
$861.37 million
TOTAL ACROSS AUSTRALIA AND NEW ZEALAND
$8.54 billion
Notes:
* Includes announced share purchase plan
** Retail component of offer still ongoing
DEBT:
COMPANY
REUTERS
AMOUNT
SECTOR
INSTRUMENT
($1 = A$1.5743)
CODE
($1 = NZ$1.6369)
AUSTRALIA
Qantas Airways
QAN.AX
A$1.05 billion
Airline Crown Resorts
CWN.AX
A$1.01 billion
Casinos Sydney Airport Holdings Ltd
SYD.AX
A$850 million
Airport operator Stockland Corp
SGP.AX
A$350 million
Property Viva Energy REIT
VVR.AX
A$275 million
REIT Cochlear
COH.AX
A$250 million^
Healthcare National Storage REIT
NSR.AX
A$225 million
Storage centre
operator Star Entertainment Group
SGR.AX
A$200 million
Casinos Flight Centre Travel Group
FLT.AX
A$200 million
Travel IDP Education Ltd
IEL.AX
A$150 million
Education Super Retail Group
SUL.AX
A$100 million
Retail
AUSTRALIA TOTAL
$2.96 billion
NEW ZEALAND
Spark New Zealand
SPK.NZ
NZ$150 million
Telecom
NEW ZEALAND TOTAL
$91.64 million
TOTAL ACROSS AUSTRALIA AND NEW ZEALAND
$3.05 billion
Note:
^ Talks ongoing for portion of total
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Australian companies race to raise capital, share placements top $6 bln
Written By: Reuters
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