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Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Whitsunday Hospitality Credit Facility — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. Whitsunday Hospitality Credit Facility — the underlying real asset securing this offering.
OpenHotels & tourism · Airlie Beach, QLD
Whitsunday Hospitality Credit Facility
Whitsunday Hospitality Credit Facility provides illustrative exposure to hotels & tourism through senior secured hotel loan originated by Coral Coast Hospitality Capital in Airlie Beach, QLD. Demonstration data prepared to show how the Democratise marketplace presents tourism & hospitality credit offerings.
WHCF-30ERC-3643 (permissioned)Redbelly NetworkHotels & tourism exposureAustralian domiciledHigher risk profile
Key metrics
- Target raise
- A$124M
- Target yield
- 5.8% p.a.
- Term
- 72 months
- Risk band
- E
- Jurisdiction
- Australia — QLD
- Settlement
- Redbelly Network
Use of proceeds
- Fund tourism & hospitality credit acquisition and development costs
- Establish debt service and liquidity reserves
- Transaction, structuring and compliance costs
Structure
- Sponsor
- Coral Coast Hospitality Capital
- Trustee
- Perpetual Corporate Trust
- Custodian
- Zerocap (MPC, insured)
- Instrument
- Senior secured hotel loan
- Ranking
- First ranking senior secured
- LTV
- 69%
- DSCR
- 1.20x
- Maturity
- 2034-06-30
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