Gordon Brothers, in partnership with global financial services group Nomura, has structured, arranged and participated in a $190 million syndicated facility to support Australian heavy earthmoving equipment company National Group’s refinancing of its existing debt facilities.   

In addition to participating as a lender, Gordon Brothers performed multiple roles to support the syndicate lenders. The firm was independently engaged by the lenders to value over 250 assets and provide its expertise in structuring a tailor-made, asset-based facility in close collaboration with the other syndicate lenders.

“We’re pleased to support our partner Nomura in this multifaceted transaction,” said Matt Aubrey, Managing Director at Gordon Brothers. “Our deep understanding of assets, coupled with our asset based lending experience and collaborative approach, has provided a bespoke financing package to suit National Group’s structure.”

"Gordon Brothers was critical in supporting the syndicate lenders to provide optimal refinancing to back our business,” said Mark Ackroyd, CEO at National Group.

“Gordon Brothers’ asset knowledge and proven track record provided us with confidence to structure a custom-made finance package solution for National Group,” said Stephen Allan, Managing Director at Nomura. “We are pleased to have had the opportunity to collaborate with Gordon Brothers on this refinance.”