HomeCo, A$325 million
Credit Suisse, Goldman Sachs, JP Morgan
Legal advisers Baker McKenzie, Gilbert Tobin
HomeCo’s shares surged 12% when they debuted in October putting a silver lining around an otherwise gloomy consumer market in Australia. The retail property group upsized the deal from an original target of A$300 million thanks to early support from cornerstone investors which included several of Credit Suisse’s private banking clients a who’s who of Australia’s rich. The shares were also popular with retail investors chasing a fully franked dividend of 6%. In the end, retail...