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Consumer Cyclicals
Large Cap
Market Cap £3.47bn
Enterprise Value £3.59bn
Revenue £1.63bn
Position in Universe 80th / 1829

FACTBOX-Companies in Australia, NZ raise over $17 bln to tide over coronavirus crisis

Mon 1st June, 2020 2:41am
* Interactive graphic tracking global spread of the coronavirus: open in an external browser * Interactive graphic showing a country-by-country tracker of the coronavirus: open in an external browser * For a factbox detailing layoffs in corporate Australia and New Zealand, click here*:nL3N2CG0S8 (Adds Vicinity Centres, Atlas Arteria; updates NAB) June 1 (Reuters) - The fallout from the coronavirus pandemic has sent companies scrambling to raise capital to create a buffer to survive the crisis. 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.*:nL4N2BO1UJ Here are some of the equity-and debt-raising initiatives, worth more than $17 billion, from listed companies in Australia and New Zealand: EQUITY: COMPANY REUTERS AMOUNT SECTOR INSTRUMENT ($1 = A$1.4934) CODE ($1 = NZ$1.6300) AUSTRALIA National Australia Bank Ltd NAB.AX A$4.25 billion* Financials Ramsay Health Care Ltd RHC.AX A$1.4 billion* Healthcare Vicinity Centres VCX.AX A$1.4 billion* REIT Oil Search OSH.AX A$1.16 billion Oil and gas explorer Lendlease Group LLC.AX A$1.15 billion* Property Newcrest Mining NCM.AX A$1.10 billion* Mining Cochlear Ltd COH.AX A$1.1 billion Healthcare QBE Insurance Group QBE.AX $825 million Insurance NextDC Ltd NXT.AX A$863 million Data Centre operator Flight Centre Travel Group FLT.AX A$700 million* Travel Incitec Pivot Ltd IPL.AX A$675 million* Fertilisers Reece Ltd REH.AX A$647 million Plumbing distributor Atlas Arteria ALX.AX A$495 million* Toll road operator Webjet Ltd WEB.AX A$346 million* Travel National Storage REIT NSR.AX A$330 million* Storage centre operator Metcash Ltd MTS.AX A$330 million* Grocery distributor G8 Education GEM.AX A$301 million* Education Charter Hall Retail REIT CQR.AX A$300 million* REIT IDP Education Ltd IEL.AX A$240 million* Education Southern Cross Media Group Ltd SXL.AX A$169 million Media oOh!media Ltd OML.AX A$167 million* Advertising United Malt Group Ltd UMG.AX A$165 million* Malt InvoCare Ltd IVC.AX A$150 million Funeral Services Centuria Industrial REIT CIP.AX A$140 million* REIT REIT AUSTRALIA TOTAL $12.60 billion NEW ZEALAND Auckland Airport AIA.NZ NZ$1.2 billion* Travel Z Energy ZEL.NZ NZ$350 million* Fuel Distributor Kathmandu Holdings Ltd KMD.NZ NZ$207 million* Retail NEW ZEALAND TOTAL $1.08 billion TOTAL ACROSS AUSTRALIA AND NEW ZEALAND $13.68 billion Notes: * Includes announced share purchase plan DEBT: COMPANY REUTERS AMOUNT SECTOR INSTRUMENT ($1 = A$1.5591) CODE ($1 = NZ$1.6300) AUSTRALIA Qantas Airways QAN.AX A$1.60 billion Airline Crown Resorts CWN.AX A$1.01 billion Casinos Sydney Airport Holdings Ltd SYD.AX A$850 million Airport operator Boral Ltd BLD.AX A$565 million Building product maker 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 $3.58 billion NEW ZEALAND Spark New Zealand SPK.NZ NZ$150 million Telecom Z Energy ZEL.NZ NZ$150 million Fuel Distributor NEW ZEALAND TOTAL $184.05 million TOTAL ACROSS AUSTRALIA AND NEW ZEALAND $3.76 billion Note: ^ Talks ongoing for portion of total <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Australian companies race to raise capital, share placements top $6 bln*:nL3N2C41OO ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Christian Schmollinger, Subhranshu Sahu and Sherry Jacob-Phillips) ((; Twitter: @NikhilKurianN; +91 806 182 2724))
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