Hamilton Locke is pleased to have advised Eureka Group Holdings Limited on its $80.2 million fully underwritten accelerated non-renounceable pro rata entitlement offer, undertaken to partially fund the company’s transformational acquisition of six lifestyle and mixed-use communities in New South Wales, comprising 953 sites across Greater Sydney, the Central Coast, the Hunter Valley and the Shoalhaven, for $123.8 million.
Commenting on the transaction, Hamilton Locke Partner Benny Sham said, “We are proud to have supported our long-term client on this pivotal capital raising, which will help fund an important step-change in Eureka’s scale and growth profile. It has been a privilege to work alongside the Eureka team and its broader adviser team.”
The Hamilton Locke team was led by Partners Brett Heading and Benny Sham, with support from Senior Associate Ramin Beigi and Lawyer Irfaan Rashid.
