Complectus IPO looks to pay off $50m debt
Analyst reports see growth from managing deceased estates
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Hawke’s Bay
Trustee business Complectus is likely to use the proceeds of a planned initial public offer to pay off about $53.5 million of debt, an analyst report from Deutsche Bank says.
Complectus Trustee Services, whose main business trades as Perpetual Guardian, is expected to publish an IPO prospectus
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Tim Hunter
Tue, 15 Nov 2016
Tue, 15 Nov 2016
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Complectus IPO looks to pay off $50m debt
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