The Australian Investment Bond No.2 offers investors a fixed annual return paid quarterly to bondholders.
SMATS Yield Investments No.2 Pty Ltd will issue bonds to raise AU$30,000,000 from accredited and wholesale investors.
Funds raised from the bond will be used by the company to invest in a portfolio of investment and credit opportunities with exposure to the Australian property market, including but not limited to direct and indirect loans to entities controlled by Griffin Projects Group and investments into companies within the SMATS Group of companies.
Bonds will offer a fixed rate annual coupon payment to investors of 6.5%* p.a. paid quarterly in arrears
Issuer: Bond issued by SMATS Yield Investments No.2 Pty Ltd, ABN 67 669 024 006
Coupon: Fixed rate coupon payment of 6.5%* per annum
Coupon Payment Dates: 31st March, 30th June, 30th September & 31st December (or the following business day if a weekend or holiday)
Bond Term 10 Years from the date of issue (21st August 2023)
Security: Bonds are unsecured obligations of the Issuer that rank before ordinary creditors and shareholders
Coupon Payments: Paid quarterly in arrears
Bond Holders Fees: Nil
Early Redemptions: Based on Director discretion & no fee payable
Eligibility: Accredited / Wholesale Investors only
Bond Face Value: AU$10,000
Minimum Investment: AU$50,000
Minimum Bond Issue: AU$200,000
| 5% | 10% | 15% | 20% | 25% | 30% | 35% | 40% | |
|---|---|---|---|---|---|---|---|---|
| Development Land Funding | ||||||||
| First Mortgage Residential Funding Bond | ||||||||
| First Mortgage Funding Opportunities | ||||||||
| Secured Private Lending Bond | ||||||||
| Secured Private Lending | ||||||||
| Liquidity Reserve |
*Prior to transaction occurring cash reserves held may increase above the 15% and will reduce within range once the loan funds have been allocated.
DISCLAIMER: The target allocation can differ from the actual investments at any given time and the chart is for illustrative purposes only. Allocation will be at the discretion of the investment committee.
Further information and a copy of the Information Memorandum is available upon registering your interest.