MAB Corporation Syndicated Loan Fund 2
MAB Corporation Pty Ltd (MAB Corp) is seeking to raise approximately $15.5 million, to provide working capital for its operations. MAB Funds as Responsible Entity of the MAB Corporation Syndicated Loan Fund 2 proposes to raise this amount from investors in the Fund which amount will be provided by way of loan to MAB Corp.
MAB Funds is offering investors the opportunity to participate in the Fund. For an investor who is also a purchaser of an apartment in MAB Corp's Elm & Stone residential development the proceeds upon payment of the final distribution will be applied to reduce the amount payable on the settlement of the purchase of the investor's apartment/s.