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Top Shelf International Holdings in $13.9m cash call; 43pc discount

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Top Shelf International Holdings, owner of NED Australian Whisky and Grainshaker Vodka, launched a $13.9 million capital raise on Wednesday morning to pay down debt and fund working capital.

Ned Whisky brand is owned by Top Shelf International Holdings.  

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/top-shelf-international-holdings-in-13-9m-cash-call-43pc-discount-20240522-p5jfoc