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Australia's Firmus to launch $5 billion IPO on October 6, term sheet shows

Australia's Firmus to launch $5 billion IPO on October 6, term sheet shows

The Australian Securities Exchange (ASX) logo is displayed above their headquarters in Sydney, Australia, September 11, 2026. REUTERS/Hollie Adams

21 Sep 2026 12:27PM (Updated: 21 Sep 2026 12:44PM)

SYDNEY, Sept 21 : Australian data center operator Firmus will launch its initial public offering to raise A$7 billion ($4.99 billion) to institutional investors on October 6, according to a term sheet reviewed by Reuters.

The company's shares will start trading on the Australian Securities Exchange on October 22, the term sheet said.

Firmus did not immediately respond to a request for comment.

($1 = 1.4029 Australian dollars)

Source: Reuters
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