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Magellan Financial Group Announces Minimum Raising Size Reached

08 Sep 2017  |  10:00:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Magellan Global Trust - Minimum Raising Size Reached

Magellan Financial Group announced that within eight business days of the Offer opening, the Magellan Global Trust IPO has received commitments from the Priority, General Public and Broker Firm Offers in excess of the minimum capital raising target of $250m. Taylor Collison has been appointed as Arranger and Joint Manager to the Broker Firm and General Public Offers.

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