Becketts Lawyers acted for Ord Minnett Limited and Bell Potter Securities Limited on Straker Translations’ placement and accelerated, non-renounceable pro rata entitlement offer which will raise a total of $20 million.
The proceeds of the capital raising, which was fully underwritten by Ord Minnett and Bell Potter, will be used to accelerate Straker’s growth strategies and pay down debt.
The Becketts team, which was led by Nick Golding and included Yasmin Mitchell, was delighted to assist Ord Minnett and Bell Potter on Straker’s successful capital raising.