StockCo became the latest mid-cap issuer to complete an unrated transaction on October 13. The livestock finance group completed A$30 million (US$22.6 million) in a six-year subordinated domestic deal, with an interest rate of 8.75 per cent. According to an announcement from the transaction's sole lead, FIIG Securities, the transaction is part of a capital restructuring that will position the business to continue its rapid growth in the Australian livestock industry. The deal's completion coincides with a 30 per cent equity investment by rural security group Elders.