Pindara
Pindara
Origination
OPP-042DeclinedClosed

38 Ann St, Wollongong

Halcyon Living · Liverpool, NSW

Edit
Amount
$22,100,000
Structure
JV Equity · Equity
Stage
01 Screening
Received
8 Mar 2024

Request details

Sector
Retail
Project type
Major Regional
Business plan
Secure DA & Sell site
Capital purpose
Recapitalisation
Investment
Equity
Facility type
JV Equity
Amount
$22,100,000
Refinance
Target close
Location
Liverpool, NSW
Rating
Low

Notes & files

OD
Origination Desk8 Mar 2024

Declined at screening — Valuation overstated. No further action.

Documents
UI preview
Information Memorandum.pdf4.2 MB
Financial model.xlsx1.1 MB
Heads of Terms.docx320 KB

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Pipeline workflow

Progress through the origination gates

  1. Received

    Complete
    Date received: 8 Mar 2024
  2. Deal screening

    Declined
    Valuation overstated
  3. Indicative terms

    Pending
  4. Term sheet

    Pending
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received8 Mar 2024

    via Senior Lender

  2. Note added8 Mar 2024

    Declined at screening — Valuation overstated. No further action.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Senior Lender
Introducer
Meridian Debt Advisory
Contact
Olivia Grant
Deal lead
Daniel Hsu