Pindara
Pindara
Origination
OPP-188LostClosed

316 Edward St, Manly

Ridgeway Urban · Newcastle, NSW

Edit
Amount
$13,000,000
Structure
Senior · Debt
Stage
03 Terms Issued
Received
14 Jan 2024

Request details

Sector
Alternative
Project type
Childcare
Business plan
Trade Up & Exit
Capital purpose
Equity Release
Investment
Debt
Facility type
Senior
Amount
$13,000,000
Refinance
No
Target close
Location
Newcastle, NSW
Rating
Medium

Notes & files

OD
Origination Desk23 Feb 2024

Term sheet lost — Price un-competitive.

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: 14 Jan 2024
  2. Deal screening

    Pursue
  3. Indicative terms

    Interested
    Issued: 2 Feb 2024
  4. Term sheet

    Lost
    Issued: 23 Feb 2024
    Price un-competitive
  5. Due diligence

    Pending
  6. Financial close

    Pending

Activity timeline

Chronological status history

  1. Opportunity received14 Jan 2024

    via Senior Lender

  2. Indicative terms issued2 Feb 2024

    Interested

  3. Term sheet issued23 Feb 2024

    Lost

  4. Note added23 Feb 2024

    Term sheet lost — Price un-competitive.

Follow-ups

Next actions on this file

No open follow-ups on this file.

Source & contacts

Source
Senior Lender
Introducer
Harbour & Co
Contact
Olivia Grant
Deal lead
Tom Castellano