Australia's Westpac Banking Corp
on Tuesday said it completed a A$2 billion ($1.38 billion) share
placement at a price on par with its underwritten level of
A$25.32 a share, issuing all 79 million ordinary shares.
Investors should expect another
bout of money market volatility as the banking system's year-end
funding crunch approaches and the Federal Reserve has not
arrived at a permanent fix for the problem, top bond market
players said on Monday.
Marc Lasry's Avenue Capital
Group LLC is raising an about $500 million venture debt fund,
which could take advantage of a recent reckoning of what
fast-growing startups such as WeWork are actually worth.