King & Wood Mallesons (KWM) is pleased to announce it has advised Super Retail Group on its equity raising, comprising an underwritten accelerated pro rata non-renounceable entitlement offer to raise up to approximately A$203 million.
The KWM team advising on the transaction was led by partners, Rhys Casey and Joseph Muraca, special counsel Amanda Isouard, senior associate Matt McKeown and solicitors Gemma McMahon and Tom Gilbert.
Commenting on the transaction, Rhys Casey said: "We are very pleased to assist our valued and long-standing client Super Retail Group on this important raising, which will enable the continued execution of its strategy and the pursuit of strategic growth initiatives.
"It has been a huge effort, with exceptional collaboration between Super Retail Group and KWM's teams in Melbourne, Sydney and Brisbane, all working remotely in the middle of a pandemic."
KWM has advised a range of other ASX and NZX listed clients on capital raisings during COVID-19, including NAB, Incitec Pivot, Flight Centre, Macquarie, Charter Hall Retail REIT, Atlas Arteria, oOh!media, Iress and Auckland Airport. KWM also advised the lead managers on the Lendlease, Oil Search, Credit Corp, Megaport and Australian Finance Group capital raisings during this time.
The cumulative total of funds raised under the firm's guidance since 22 March 2020 is approximately $12.6 billion.
