28 August 15
CRe8 Home and Finance is very pleased to announce they have engaged Private Equity Gateway Group (PEGG) (introduced by and co-ordinating with Funding Strategies) to broker an initial $50M debt facility from offshore.
'PEGG Corporate was established in 2007 to provide corporate consulting, capital raising and debt/equity structuring services.
Skills are either in-house or outsourced as required through the extensive PEGG network of affiliates, specialists and collaborative partners. This collaborative approach enables PEGG to work across asset classes benchmarking, assessing project capital needs and structure to capture value and attract suitable capital.
PEGG prides itself on its ability to work on and off-market with enterprises, allowing consultation with a variety of public, private and governmental bodies to formulate appropriate value propositions to become investor ready.'
PEGG has commenced facilitating negotiations with interested overseas fund managers for the provision of CRe8's $50M+ debt facility. There is also interest from local fund managers in the provision of debt capital to CRe8.
Once the Compnay's debt facility is in place,CRe8's valuation is expected to increase as the company will be poised for national expansion.
CRe8 is an innovative developer of products and systems that provide solutions to needs in the property and finance industries. Its flagship product is ‘Home Without a Deposit’ for owner-occupiers and investors.