Augusta offers late-payment terms to Visy syndicate investors

Fri, 19 Feb 2021

Real estate agency Bayleys, which is marketing Augusta Capital's $109.3 million syndication of the Visy glass factory, said the fund has raised more than $95m so far.However, Augusta is now offering a "late payment facility" for investors who can't stump up with cash by Monday when the offer is due to close."Augusta understand the difficulty in breaking term deposits and the need to await other property settlements, for example, and will therefore accommodate late settlements/payments up until April 30," Bayley's...

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