Thomson Geer advise Austin Engineering Ltd on capital raising

18 August 2015

News

Thomson Geer’s Brisbane Corporate team has advised ASX listed Austin Engineering Ltd on its $51.6 million capital raising, comprising a fully underwritten accelerated non-renounceable pro rata entitlement offer and subordinated loan.

The equity fund raising occurred in conjunction with a mezzanine debt raising in the form of a second ranking loan subordinated to the senior lenders.