Pindara
Pindara
Origination
OPP-272DeclinedClosed

323 Church St, Penrith

Ironbark Group · North Sydney, NSW

Edit
Amount
$6,500,000
Structure
Senior · Debt
Stage
01 Screening
Received
28 Dec 2025

Request details

Sector
Industrial
Project type
Manufacturing
Business plan
Long Term Hold
Capital purpose
HeadCo Capital
Investment
Debt
Facility type
Senior
Amount
$6,500,000
Refinance
Yes
Target close
Location
North Sydney, NSW
Rating
Medium

Notes & files

OD
Origination Desk28 Dec 2025

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: 28 Dec 2025
  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 received28 Dec 2025

    via Sponsor Direct

  2. Note added28 Dec 2025

    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
Sponsor Direct
Introducer
Contact
David Phelps
Deal lead
Tom Castellano