Capital Corp Merchant Banking Enters $21.5M Refinance Deal With Australian Agricultural Conglomerate

Capital Corp's client has been undergoing considerable growth and seeks to acquire a partner, inject working capital in order to grow operations. Capital Corp Merchant Banking has helped business clients with debt restructuring for 25 years and is an expert in the field.

Oct 02, 2013, 06:00 ET from Capital Corp Merchant Banking

ORLANDO, Fla., Oct. 2, 2013 /PRNewswire/ -- The AUD $23M (approx. $21.5M USD) refinance deal comprises increasing operations in various agricultural fields (vineyards, cash crops, livestock, fisheries, and other crops), strengthen its market position, bring equipment up to date, and settle up bank debts that currently prevent such growth.

Australia has been one of the hardest hit countries following the worldwide financial crisis of the late 2000s, causing many Australian banks to struggle - and making it impossible for some to be able to work with even their best clients, including Capital Corp's own client in this refinancing project. One of the great benefits of debt restructuring is that it allows a business to expand, go after new business ventures, improve cash-flow, hire new employees, and/or even invest in R&D. Best of all, refinancing provides financial relief by refinancing one's mortgage so that the outstanding amount can be increased and working capital can be injected into the company.

The funding structure Capital Corp Merchant Banking has devised consists of providing its client with AUD $23.1M (approx. $21.5M USD) in common stock. The method by which this project is to be funded is the brainchild of Mr Gilles Herard. Gilles Herard is a seasoned merchant banker and has been in the banking industry for 38 years. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work as well as other contributions.

About Capital Corp Merchant Banking: Capital Corp Merchant Banking offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking is solution-oriented and known for being the most flexible Funding Source on the Market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction, including debt restructuring. For further information, please visit our website.

SOURCE Capital Corp Merchant Banking