A$3m Convertible Note

January 2016

In January 2016, Aurigen Group entered in to a A$3 million convertible note facility with Sunset Capital. Aurigen used the proceeds to finance the acquisition of the Matera3 skip bin business, expansion of the existing facilities and working capital.

Aurigen is a diversified waste management business that specialises in the collection, receipt, processing, recovery and commodity trade of waste. It has existing sites in Maddington and Bayswater with the option to develop a fully approved Class II landfill in Cullalla.

Azure acted as financial adviser to Aurigen on this transaction.