The 2017 winners of FinanceAsia’s Annual Achievement Awards for Australia and New Zealand were announced in December. The following issuers and firms showed originality and tenacity in their ability to tap capital markets and meet funding needs. These deals were chosen for their deft execution and clever market timing.
BEST IPO
Netwealth, A$264 million
Credit Suisse, UBS
The primary equity markets in Australia were sluggish in 2017 and those companies that did list often struggled in the aftermarket. Not Netwealth. The investment platform operator’s share price rallied 44% on its November 20 trading debut after pricing at the top of the...
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