JB Financial Group Pty Limited
Receivers and Managers of a Brisbane investment holding company, we successfully refinanced the $7.7M secured debt within 36 days. Retained by the incoming financier to structure an approved DOCA within 21 days.
The Company was a holding entity of several operating businesses primarily operating in the financial services sector.
We supervised the ongoing trading of the Company managing key stakeholder interests. We successfully refinancing the $7.7M secured debt within 36 days of our appointment. Due to our understanding of the Group and relationships with key stakeholders, we were retained by the incoming financier to structure a creditor approved DOCA within 21 days at the second meeting of creditors. The DOCA included a credit-bid of the secured debt for certain subsidiaries in the group.