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Financial Services - Using bond funding to grow your business

StockCo Australia is an agribusiness financing company that assists Australia’s farmers fund their livestock herds. In October 2016, FIIG Securities arranged a $30m bond raising to reset StockCo’s funding structure and support future growth. Highlighting the flexibility of the capital markets, StockCo recently raised an additional $17m in line with strong market acceptance of its financing product, positioning StockCo to double its business.

StockCo provides a working capital solution that enables primary producers to utilise the value of their livestock to fund the final stages of weight gain prior to sale. Having reached critical mass StockCo welcomed Elders, Australia’s largest rural services provider, as a new strategic shareholder.

At the same time, they reset the capital structure by expanding their banking club, issuing subordinated notes arranged by FIIG Securities and injecting new equity. This achieved their objectives of lowering their overall cost of funds and securing funding lines that would support business growth. With the combination of a newly aligned distribution partner and greater access to capital, StockCo can achieve a step change in its growth.

StockCo is the latest non-bank finance company to utlise the bond market to support the growth of their business. FIIG has provided a range of funding solutions, including:

  • participating in traditional securitisation structures;
  • corporate style senior facilities, including acquisition of loan books; and
  • subordinated secured funding to complement senior funding.
Talk to us
Erryn Lloyd-Jones - Head of Debt Capital Markets, Private Debt
Erryn Lloyd-Jones
Head of Debt Capital Markets

(02) 9697 8778

A proven track record of opening the Australian bond markets

FIIG has a proven track record of opening the Australian bond markets, having raised over $2.8bn of predominantly unrated bond funding across more than 70 issues.

The Debt Capital Markets team arranges long term, AUD bond financing for rated and unrated Australian and New Zealand corporates. Our funding solutions enable mid-market corporates and large private companies to diversify their funding options and optimise their capital structures.

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

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