Corporate Credit
Yorkway Private provides Corporate Credit to Australian middle-market companies, delivering attractive risk-adjusted returns to investors
Our target borrowers are cash generative, established businesses with strong market positions and high-quality earnings, typically generated via B2B business models.
We focus on experienced sponsors, capital preservation and extensive due diligence on the quality of the underlying business. Yorkway Private’s principals have significant experience running and managing businesses and understand the complexities of different business models and industries. Our experience extends beyond investment expertise.
Typical lending criteria
Loans are secured with first ranking general security agreement (GSA) over the business
Loan sizes $5 million - $30 million
Loan duration of 12 - 36 months
Leverage ratio up to 3.5x
Interest coverage ratio of no less than 2.0x
A recent case study
Syndicated corporate facility with another Australian credit fund, to refinance existing corporate debt and provide the company with working capital.
A leading established industry participant
$25 million facility
24 month loan duration
Net leverage ratio < 2x
Interest cover ratio >3.5x
