CBA unveils $2bn capital raising

By Mitchell Neems

Morgan Australia, Morgans Financial Limited; UBS and Westpac Institutional Bank have also been appointed as Joint Lead Managers to the Offer.

The lender announced the offer and lodged a prospectus for a new Tier 1 hybrid, CommBank PERLS VII Capital Notes, which will be targeted at income funds and retail investors.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

ANZ Securities Limited, Bell Potter Securities Limited; Deutsche Bank, Sydney Branch and Ord Minnett have been appointed as co-managers to the offer.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

Read more here: Business Spectator


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