Client results

Superloop Limited
Capital raising

Superloop Limited (ASX:SLC) is an independent provider of connectivity services designing, constructing and operating networks throughout the Asia Pacific metro region.

McCullough Robertson has acted on a $15 million institutional placement and a subsequent accelerated non-renounceable entitlement offer to raise a further $15.87 million, to strengthen Superloop’s balance sheet and provide additional funding capacity for Superloop, allowing it to take advantage of near term opportunities including infrastructure investment, network expansion, and the acquisition of cash-generating assets.

The deal continues the firm’s longstanding relationship with Superloop since advising them on their $17.5 million IPO in June 2015.