Bradken RPS Pty Limited announced that it has entered into investment agreement for private placement of 700,000 redeemable convertible preference shares at AUD 100 per share for AUD 70,000,000 on June 26, 2015. The securities bear interest rate of 7.5% per annum, rising to 13% within three years. The transaction will include participation from Sigdo Koppers S.A. for AUD 14,000,000 and new investor, CHAMP III Fund, a fund managed by CHAMP Private Equity Pty.

Ltd. for AUD 56,000,000. The company will pay aggregate fees of AUD 2,100,000 at the completion of the transaction. The transaction is conditional upon various requirements including the investors obtaining Foreign Investment Review Board approval.