Investment Banking Services


Selecting the most appropriate financial solution depends on, among other things, the nature of your company’s business, its position in the markets that it operates in, the profit and cashflow profile and the strength of your balance sheet.

CIP understands the needs of companies and their owners, at all stages of development. Our investment banking services are flexible and are tailored to meet our clients’ needs.

Our Investment Banking team can help develop a suitable solution to meet your particular requirements. 

For more information on the services we offer, please select from the following:


Initial Public Offerings (IPOs)

We have a track record of successfully advising owners and companies who are seeking to raise capital and list their business either on the NZSX (NZ Stock Exchange), or the NZAX (NZ Alternative Exchange). Our intimate knowledge of the IPO process is matched with market intelligence on retail and institutional investor appetite for risk and equity research capabilities to best structure, market and price an IPO.

We work with companies and their management to prepare for capital raising and listing, liaise with the NZX to ensure that the company meets the requirements for listing, oversee the timely preparation of the necessary prospectus and associated documentation, co-ordinate the work of legal and accounting advisers, advise on the optimum offer structure and pre-offer marketing, arrange roadshow presentations, advise on pricing the offer and manage both initial and post-IPO demand for the stock. We utilise our unrivalled retail distribution strength, and wholesale equities team to successfully generate demand for the offer. In larger IPOs, we can successfully access institutional demand internationally through our strategic alliance with Deutsche Bank.

We also provide support to companies in the aftermarket, which often includes research coverage by our accomplished research team and investor relations advice for any company that we list.

View our Equity Capital Market Credentials

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Placements, Rights Issues, Block Trades and other secondary capital raising services

CIP's strong client base, in-depth knowledge of investor appetites, and comprehensive research coverage (in the case of listed companies), gives us a unique market position to efficiently and effectively raise new capital or sell down existing holdings of large investors through on-market or private transactions.

Our team has particular expertise in developing structures for rights issues and placements by listed companies and executing these often complex transactions, whilst ensuring that the company’s needs are met and a positive market for the shares is maintained post offer.

View our Equity Capital Market Credentials

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Private Equity, Management Buy-ins, Management Buy-outs and Expansion Capital

This is a real alternative for high-quality companies that require more time for growth and development before moving to the public markets by IPO. CIP, together with Deutsche Bank, has relationships with all the proven private equity providers, including Pohutukawa Private Equity, and can advise business owners and managers wanting to access both the capital and intellectual resources that private equity investors can offer. Our frequent contact with private equity investors means that we have an up-to-date, comprehensive knowledge of their investment criteria, sector preferences, financial strength and business networks.

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Fixed Interest Issues

CIP works closely with Deutsche Bank and other arrangers on debt issues. In addition, we often work with other NZX firms and/or banks as co-managers. This gives us the opportunity to have input into the structure and pricing of the debt instruments, as well as ensuring we are offered a meaningful allocation of stock.

High Quality Rated Bonds
  • Typically, these issues are now arranged by banks and offered primarily to institutional investors, which can be on sold to retail. Given the lack of new issuance by quality NZ corporates of bonds rated 'A' and above, the strong institutional demand has meant that a number of issuers prefer to make an offer without brokerage being paid as a separate item. This is most commonly NZ registered banks. On these issues, we often bid for an allocation and then sell out to our clients on the secondary market and charge separate brokerage. These securities form an important part of clients' portfolios for stability of income and preservation of capital.
Hybrid debt
  • This includes capital notes, redeemable preference shares and capital bonds, and may pay an interest coupon or a dividend. These securities are usually unrated or at the lower end of investment grade and often have relatively complex terms and conditions. Distribution is dominated by retail investors ( not institutions) who are seeking a higher yield. As a result, the offers are full retail and clients complete an application form.

View our Debt Capital Market Credentials

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Unlisted Capital Raisings

Listing can prove to be costly, and after getting to know a company, we may suggest that an unlisted capital raising would be the best option.

We will work with companies and their management to prepare for the capital raising, ensure all laws relating to offers of securities to the public are complied with, oversee the preparation of the necessary prospectus and associated documentation, advise on the appropriate investor list, arrange roadshow presentations, advise on pricing the offer and manage both initial and post-flotation demand for the stock. We utilise our unrivalled retail distribution strength to ensure the success of the offer, and can market to institutional investors through our wholesale equities team.

For unlisted public offers we manage, we are able to provide an off-market sales assistance facility for investors. The company may subsequently seek to list following the initial capital raising and we have extensive experience in assisting companies to meet the requirements of the NZX Listing Rules and Companies Act. At the end of 2006, CIP lead managed an unlisted capital raising, for NZ Farming Systems Uruguay Limited of $105m.

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NZAX Listings 

CIP is a leading sponsor of NZAX listed companies. We have successfully completed capital raising and M&A transactions, provided research coverage and arranged other investor relations opportunities for NZAX listed companies. We have also assisted with the transfer to the NZSX when the company's circumstances have allowed this.

View our NZAX Credentials

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