National Australia Bank Limited (NAB) today announced its intention to raise $750 million through the offer of NAB Capital Notes 8, with the ability to raise more or less. NAB ... Read More
Shaw and Partners is pleased to be appointed as Joint Lead Manager to a proposed capital raising by Beston Global Food Company Limited (ASX.BFC).
South Australia’s largest dairy company, Beston Global Food Company is raising $28.2m by way of a ~$3.3m placement and $25m rights issue.
The offer is priced at $0.025, representing an attractive 59.7% discount to last close and 39.2% discount to TERP.
The combination of the initiatives delivered under the capital raising is expected to materially improve on the FY23 EBITDA guidance of $8-10m in FY24.
The offer is available to Australian Sophisticated and Professional Investors only.
For more information about the offer please contact your Shaw and Partners adviser.
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