Canadian giant Brookfield has unleashed a new tentacle in Australia, signing its first local deal for the group’s global capital investments arm Brookfield Special Investments.
Street Talk can reveal Brookfield’s BSI has agreed to tip $150 million into debt collection agency Panthera Finance to help fund the company’s expansion and refinance its existing debt facilities.
Panthera boss and part owner Jamie Hough said the investment would help “consolidate our position as one of the largest participants in the Australian purchased debt ledger sector”.
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