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Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Southbank Venture Debt Facility II — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. Southbank Venture Debt Facility II — the underlying real asset securing this offering.
OpenTechnology · Southbank, VIC
Southbank Venture Debt Facility II
Southbank Venture Debt Facility II provides illustrative exposure to technology through senior venture loan participation originated by Yarra Venture Credit in Southbank, VIC. Demonstration data prepared to show how the Democratise marketplace presents venture debt offerings.
SVDF-29ERC-3643 (permissioned)Polygon (permissioned)Technology exposureAustralian domiciledInvestment-grade profile
Key metrics
- Target raise
- A$86M
- Target yield
- 5.6% p.a.
- Term
- 72 months
- Risk band
- B
- Jurisdiction
- Australia — VIC
- Settlement
- Polygon (permissioned)
Use of proceeds
- Fund venture debt acquisition and development costs
- Establish debt service and liquidity reserves
- Transaction, structuring and compliance costs
Structure
- Sponsor
- Yarra Venture Credit
- Trustee
- Perpetual Corporate Trust
- Custodian
- BNP Paribas Securities Services
- Instrument
- Senior venture loan participation
- Ranking
- First ranking senior secured
- LTV
- 71%
- DSCR
- 2.00x
- Maturity
- 2034-06-30
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