Investment - Long
Sydney West
OFFICE

9 Service Station Assets

Southern Highlands, NSW

Loan Purpose
Assist with additional funds to complete a buyout of a shareholder and for the acquisition of 2 more service stations
Facility Amount
$16,093MM
LVR
62%
Term
5 years
Security
Service station assets
LTC
Pre-sales
Exit Strategy
The Deal

The Borrower had existing loans against service station assets and required additional funds to complete a buyout of a shareholder, as well as funding for the acquisition of 2 more service stations, as the Borrower’s long-term strategy is retaining the total of 9 service stations as passive investments.

Balmain provided Term Debt funding against all 9 service stations, obtained leverage of 62% and facilitated a bespoke non-standard borrowing structure. This allowed the client to complete the shareholding buyout, as well as finalising the 2 new acquisitions.

George Atsalakis

Partner
Phone
02 9616 3600
Mobile
0420 877 191
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