|Sub-sector||Metals and Mining|
The acquisition was partly funded by a fully underwritten $A765 million institutional placement that was launched on the last possible day prior to the closure of equity markets for 2019, providing funding certainty to the vendor. Macquarie acted as financial adviser to Northern Star on the acquisition and as global coordinator, joint lead manager, bookrunner and underwriter to the equity raising.
joint venture brings together best-in-class expertise in open pit and underground mining
average gold production over the last two calendar years, Australia’s 3rd largest gold mine
gold endowment as part of the greater Golden Mile and Mt Charlotte Systems
equity raised to partially fund the transaction