FIIG - The Fixed Income Experts
Stockwell FIIG Bond Issue

Funding diversification and growth in the Property Sector

The Stockwell group is a Queensland based diversified property group with a 65 year history in property development, property investment, design & construction and property management. In the last 25 years, the group has delivered properties valued in excess of $2 billion across retail, commercial, industrial, residential, and retirement living.

Following the company’s original FIIG-arranged $35m note issue in 2015 and the refinanced $50m note issue in August 2019, FIIG Debt Capital Markets was able to work closely with Stockwell to “tap” their existing $50m secured amortising bond maturing in August 2026 for an additional $30m. The $30m tap issue provides Stockwell with long term capital to complete current projects and then recycled capital to deliver their $1bn development pipeline over the next 5 years.

Following successful recent issue for Evolve Education ($35m), Stockwell is the latest corporate to return to the bond market through FIIG Securities. FIIG has provided a range of funding solutions across different sectors, which have benefited companies by:

  • providing 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, and secured and unsecured funding structures.

 

Talk to us
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 $3.0bn of predominantly unrated bond funding across 80 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.

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