Bass Capital with its US-based partner has participated in the debt financing package for a leading Australian operator of child care for primary school-aged children. With operations in more than 800 locations throughout Australia, the financing helps underpin the next growth phase. We participated in the 6 year A$62.5m 2nd Lien Term Loan Facility. This is the fourth investment in the Australian partnership between Bass and PennantPark.
April 30, 2018