FIIG - The Fixed Income Experts
Elanor Investors and FIIG Debt Capital Markets

Broadening the Australian bond market: long term debt funding for property trusts

Elanor Investors Group (“Elanor”) is an Australian real estate funds management group with over $1.5 billion of retail, office and hotel, tourism & leisure investment properties under management. Elanor have established a new unlisted property trust, Elanor Wildlife Park Fund (the “Fund”) seeded with two wildlife parks: Featherdale Wildlife Park, located in Western Sydney, and Mogo Zoo, located in Batemans Bay on the NSW South Coast. The Fund’s strategy is to leverage Elanor’s highly experienced tourism and leisure capability to create significant additional revenue streams and drive cost efficiencies across a growing portfolio.

In November 2019, FIIG arranged a 5 year 7.20% $25m partially amortising senior secured bond for the Fund.  The Note Issue provides Elanor with long term debt capital and a flexible structure which allows for future Note issuance enabling the Fund to acquire further assets and execute on its strategy.

Following successful recent issues for Stockwell ($50m) and Sunland ($50m), Elanor is the latest property group to access the bond market through FIIG Securities. FIIG has provided a range of funding solutions across different sectors, including:

  • Funding diversification to refinance and/or complement existing funding lines;
  • Providing growth funding for capital expenditure and acquisitions;
  • Optimising the capital structure through extending maturities, fixed or floating rates, 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