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Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Huon Aquaculture Expansion Facility — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. Huon Aquaculture Expansion Facility — the underlying real asset securing this offering.
OpenSeafood · Huon Valley, TAS
Huon Aquaculture Expansion Facility
Huon Aquaculture Expansion Facility provides illustrative exposure to seafood through senior secured facility originated by Derwent Marine Capital in Huon Valley, TAS. Demonstration data prepared to show how the Democratise marketplace presents aquaculture offerings.
HAEF-29ERC-3643 (permissioned)Polygon (permissioned)FIRB pre-screenedSeafood exposureAustralian domiciledInvestment-grade profile
Key metrics
- Target raise
- A$40M
- Target yield
- 10.4% p.a.
- Term
- Open ended
- Risk band
- A
- Jurisdiction
- Australia — TAS
- Settlement
- Polygon (permissioned)
Use of proceeds
- Fund aquaculture acquisition and development costs
- Establish debt service and liquidity reserves
- Transaction, structuring and compliance costs
Structure
- Sponsor
- Derwent Marine Capital
- Trustee
- Sargon Trust Services
- Custodian
- BNP Paribas Securities Services
- Instrument
- Senior secured facility
- Ranking
- Senior unsecured
- LTV
- 65%
- DSCR
- 1.40x
- Maturity
- Open-ended
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