CQR, Monash ready raises; Lendlease finds $500m; CML bust-up

Good evening,

Another week, another round of COVID-19-fashioned equity raising candidates.

Step up Charter Hall Retail REIT and Monash IVF, which were stitching together potential deals on Sunday night.

Monash IVF, which has disappointed investors during its nearly six years on the ASX boards, is expected to seek close to $100 million, while Charter Hall's shopping centre landlord will seek about $275 million of its own.

Fund managers reckon they won't be the only raisers this week, as the biggest raising spree in 10 years continues...

Meanwhile, fundies and analysts will be poring over Lendlease's balance sheet in light of news it is close to finalising a $500 million-odd raising of its own. Lendlease's deal is neither debt nor equity, but revenue brought forward from the sale of apartment settlement cash flows at Barangaroo.

Elsewhere, Vocus Group is pitching banks in a $1.4 billion debt syndication round, while there's a big twist in the takeover tale at $130 million debtor finance business CML Group.

Happy reading,

Sarah Thompson, Anthony Macdonald and Tim Boyd

Street Talk Editors