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 $45m 5-year Note Issue, the proceeds of which refinanced the Group’s existing bank debt, but also provided additional flexibility to reinvest cash flows into the business for future growth and provide construction funding for a new development in Melbourne. 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.
Erryn Lloyd-Jones - Head of Debt Capital Markets, Private Debt
Erryn Lloyd-Jones
Head of Debt Capital Markets

(02) 9697 8778
Erryn.Lloyd-Jones@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.

Stockwell group - FIIG Debt Capital Markets

$35m

June 2015
Senior Secured Notes
Sole Lead Arranger

View the case study

Impact Homes - Debt Capital Markets

$45m

February 2016
Senior Secured Notes
Sole Lead Arranger

 

Plenary Group - FIIG Debt Capital Markets

$60m

October & December 2017
Unsecured Notes
Sole Lead Arranger

View the case study

elanor-investors-fiig-debt-capital-markets

$62m

May 2018
Subordinated Notes
Sole Lead Arranger

View the case study

elanor-investors-fiig-debt-capital-markets

$44m

November 2017
Senior Secured Notes
Sole Lead Arranger

View the case study

Maurice Blackburn - FIIG Bond Issue

$40m

August 2018
Senior Subordinated Notes
Sole Lead Arranger

View the case study

Zenith Energy - FIIG Bond Issue

$40m

August 2018
Subordinated Amortising Notes
Sole Lead Arranger

View the case study

NRW Holdings - FIIG Debt Capital Markets

$70m

December 2016
Senior Amortising Notes
Sole Lead Arranger

View the case study

Capitol Health - FIIG Debt Capital Markets

$40m

April 2017
Senior Secured Notes
Sole Lead Arranger

View the case study

Sunland Group - Debt Capital Markets

$50m

October 2019
Unsecured Notes
Sole Lead Arranger

View the case study

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