AUSTRALIA · TENDER
Provision of Loan Finance
Boroondara City Council (“Council”) invites tenders for the Provision of Loan Finance. As per the adopted 2021-122 Council Budget, Council proposes to borrow $70 million. The capital generated from these loans has been utilised in the building and construction of a number of Council facilities. Council will provide normal security to the successful Tenderer,…
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Key facts
- Buyer
- City of Boroondara
- Buyer address
- 8 Inglesby Rd, Camberwell, Victoria 3124, Australia
- Status
- Closed
- Opened
- 20 Apr 2022
- Closed
- 12 May 2022
- Decision
- 18 May 2022
- Categories
- Financial & Insurance Services
Summary and scope
Boroondara City Council (“Council”) invites tenders for the Provision of Loan Finance. As per the adopted 2021-122 Council Budget, Council proposes to borrow $70 million. The capital generated from these loans has been utilised in the building and construction of a number of Council facilities. Council will provide normal security to the successful Tenderer, in the form of a charge over the rates income of Council. Details of existing loans held against Council rates can be provided to the successful Tenderer. The exact amount of the loan required is $70 million.
Source and freshness
Source update date not provided
Information shown is sourced from public opportunity records. Official buyer documents and addenda take precedence for deadlines, eligibility and submission requirements.