FIIG - The Fixed Income Experts
Next Gen Health Clubs - FIIG Funding

Flexible growth and construction financing


The Next Generation Clubs Australia Group (“Next Gen”) owns and operates 6 premium health clubs in capital cities across Australia and New Zealand. Supporting over 28,000 members, the clubs offer multi-service health, wellness and leisure facilities including tennis and squash courts, indoor and outdoor pools, spas, saunas and full services gyms.

FIIG has arranged a $15m tap of the existing $45m 5-year Note issued in June 2018, the proceeds of which will be used to fund the construction of Next Gen’s 7th club located on a site in Doncaster. This has been the first time that FIIG has structured a bond to fund a specific construction project and demonstrates FIIG’s ability to tailor and facilitate bespoke transactions for prospective Issuers.

Next Gen is the latest corporate to access the bond market through FIIG to broaden its capital base. FIIG has provided a range of funding solutions across different sectors, including:

  • Funding diversification to refinance and/or complement existing funding lines;
  • Providing growth funding for capital expenditure and acquisitions; and
  • Optimising the capital structure through extending maturities, fixed or floating rates, secured and unsecured funding structures.
Talk to us
James Vance Director, Debt Capital Markets
James Vance
Director, Debt Capital Markets

(02) 9697 8741
James.Vance@fiig.com.au

FIIG Debt Capital Markets

FIIG has a proven track record of opening the Australian bond markets, having raised over $2.9bn of predominantly unrated bond funding across more than 70 issues.

The Debt Capital Markets team arranges long term, flexible AUD bond financing for rated and unrated Australian and New Zealand corporates. The DCM team also provides debt advisory services focused on optimising capital structures and diversifying funding options.

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If you would like to learn more about how FIIG can assist in the growth of your business, please visit www.fiig.com.au/debt-issuers/DCM or contact James Vance.

 Contact James Vance on
(02) 9697 8741