Odyssey’s client was a well established listed wholesaler which was looking to finance its continued organic growth
Odyssey assisted the company in obtaining new loan facilities to finance its growth, negotiating the commercial terms of a $60 million working capital line
Odyssey role
Odyssey worked closely with the management and its role included
- Undertaking a thorough review of capital funding requirements
- Advising the optimal funding framework
- Approaching debt providers approved by the company
- Managing the due diligence
- Negotiating the financial aspects of the transaction
- Placing and executing the transaction
Odyssey value-add
Odyssey used its banking expertise to develop a solution combining inventory finance and receivable finance fitting well with the customer’s specific requirements that also met the bank’s financing parameters
Odyssey was also able to negotiate superior funding terms with the financier with lower pricing than that available elsewhere in the market
