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Firms chart $100 million raising

Firms chart $100 million raising

Allens and Clayton Utz have acted on a capital raising that will enable funding for the acquisition of three retail shopping centres.

Firms: Allens (Charter Hall Retail REIT); Clayton Utz (Macquarie Capital)

Deal: Equity capital raising involving institutional placement and security holder purchase plan (SPP)

Area: ECM

Value: $100 million

Key players: Melbourne corporate partner Brendan Groves and senior associate Elissa Tobin advised Macquarie Capital as underwriter of the $100 million placement of ordinary units conducted by Charter Hall Retail REIT. The Allens team included partner Stuart McCulloch (pictured), senior associate Sandy Cameron and lawyers Amy Spira, Kirsty Moore and Scott Day.

Deal significance: The raising will enable funding for the acquisition of three retail shopping centres.

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Firms chart $100 million raising
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