IMF Bentham and FIIG Securities

Corporate Finance - Bond funding supports global expansion

ASX listed IMF Bentham Limited (IMF) is engaged in the investigation, management and funding of litigation and arbitration claims in Australia, New Zealand, Hong Kong, Singapore, United States and Canada. Commencing in 2001, IMF is one of the worlds most experienced and successful litigation funders, demonstrating a 90% success rate on over 157 completed cases, representing $2 billion in recoveries.

In April 2016 FIIG arranged a $32 million bond issue via the OTC market, enabling IMF to diversify its funding base. Following its successful expansion in 2011 to the United States, IMF sought additional funding to support its growth in this large market. In March 2017 FIIG arranged a second bond issue raising $40 million from existing and new investors, highlighting investor demand for high quality bonds.

IMF has a diverse investment portfolio with an estimated value of over $3 billion, representing 50+ cases.   It maintains a high liquidity buffer to satisfy the courts that it has the resources to meet litigation funding costs.  IMF has a stated strategy to fund growth through a variety of sources, which currently includes cash reserves, FIIG arranged bonds via the OTC market, an ASX listed note and third party funding such as Fortress Credit Advisors. 

IMF is the latest corporate to utilise the bond market to broaden its capital base and support business growth.  FIIG has provided a range of funding solutions to the corporate market, including:

  • Growth funding including capital expenditure and acquisitions;
  • Funding diversification including refinancing and/or expansion of existing funding lines; and
  • Optimising capital structure through a range of terms including tenor of greater than 4 years, fixed or floating rate, secured and unsecured.
Talk to us
Erryn Lloyd-Jones - Head of Debt Capital Markets, Private Debt
Erryn Lloyd-Jones
Head of Debt Capital Markets

(02) 9697 8778

A proven track record of opening the Australian bond markets

FIIG has a proven track record of opening the Australian bond markets, having raised over $2.8bn of predominantly unrated bond funding across more than 70 issues.

The Debt Capital Markets team arranges long term, AUD bond financing for rated and unrated Australian and New Zealand corporates. Our funding solutions enable mid-market corporates and large private companies to diversify their funding options and optimise their capital structures.

If you would like to learn more about how FIIG can assist in the growth of your business...

  Contact Erryn Lloyd-Jones on
(02) 9697 8778

Copyright © 2019 FIIG Securities Limited | ABN 68 085 661 632 | AFSL No 224659 | Financial Services GuideSitemap | About us
FIIG provides general financial product advice only.  For a copy of our disclaimer please refer to
* Based on FIIG’s high yield sample portfolio. Click here to view. Subject to change and before fees. Please see our FSG for any applicable fees.