trending Market Intelligence /marketintelligence/en/news-insights/trending/qRZj-GnORSakXZ8qnbTuyg2 content esgSubNav
In This List

Report: Latitude Financial reprices IPO at A$1.78 per share

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion


Report: Latitude Financial reprices IPO at A$1.78 per share

Australia-based Latitude Financial Services Ltd. on Oct. 14 repriced its IPO at A$1.78 per share, below the A$2-per-share price set by its owners three days ago, The Australian Financial Review's Street Talk reported, without citing sources.

The repricing came ahead of the bookbuild process on Oct. 15 and Oct. 16. Following the repricing, Latitude Financial is expected to raise A$1.1 billion from the offering, down from A$1.24 billion at A$2 per share. The company's shares are expected to start trading on Oct. 18.