Erskine Owen Convertible Note
Managed Investment Scheme
Register InterestThe law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The usual rules do not apply to this offer if you are a person who comes within Schedule1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes where the amount invested upfront by the investor (plus any other investments the Investor has already made in the financial products) is $750,000 or more. If you fall within Schedule 1, clause 3 of the FMCA as a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Over the years, as Erskine Owen and Point Property Management Group have expanded, they strategically utilised private debt to fund growth where it made sense to do so. This approach has proven to be both prudent and rewarding, strengthening both the bottom line and balance sheet.
The lenders have consistently received healthy returns, which, in their view, reflect the level of risk - given that they have been in business for over 17 years with strong financial performance. A growing percentage of their revenue now comes from annuity income, further reinforcing their stability. As they move beyond this current interest rate environment, they are already seeing increased enquiries, engagement, and subscriptions to their funds.
To capitalise on this momentum, they have a detailed growth strategy, and to support their expansion, they are seeking growth capital in the form of a Convertible Note with the following terms:
- Fixed interest rate: 10% per annum
- Term: 3 years (as of 27 November 2024)
- Conversion option: Convert to equity at a 20% discount at the end of the term
If you would like to know more about this opportunity, please register your interest below.
