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PACIFIC CURRENT GROUP LIMITED — Capital/Financing Update 2026
Feb 22, 2026
65526_rns_2026-02-22_fc5c8015-d600-49a6-957f-5f6e7d13eb23.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
Sydney, 23 February 2026
Pacific Current Group Provides Senior Secured Growth Facility to IFP
Pacific Current Group Limited (ASX: PAC ) ( Pacific Current or PAC ), a global multi-boutique asset management firm, is pleased to announce that it has entered into an agreement to provide a US$25.1 million Senior Secured Loan Facility to an existing portfolio company, IFP Group, LLC ( IFP ) (the Facility ).
The Facility will be drawn progressively rather than in full at closing. It includes a refinance facility to retire existing indebtedness and a growth acquisition facility to support IFP’s acquisition of advisor books, transition packages, and other agreed growth initiatives.
The Facility has a four-year bullet maturity and is secured by a first-ranking charge over all borrower assets. Pricing is linked to leverage, with a base interest rate of 10% per annum. The growth acquisition facility is available for 36 months following closing and is drawn on a transaction-by-transaction basis, subject to lender approval and strict use-of-proceeds controls.
PAC Managing Director, Michael Clarke, said:
“The transaction demonstrates PAC’s ability to support the growth of portfolio companies while securing an attractive senior credit position that complements PAC’s existing equity investment.”
Completion of the Facility is subject to customary conditions precedent, confirmatory due diligence and final documentation. Financial close is expected to occur shortly.
AUTHORISED FOR LODGEMENT BY:
The Board of Pacific Current Group Limited
-ENDS-
CONTACT
For Investor enquiries:
Michael Clarke - Managing Director
E: [email protected] T: (+61) 2 9000 1939
ABOUT PACIFIC CURRENT GROUP
Pacific Current Group Limited is a multi-boutique asset management firm dedicated to providing exceptional value to shareholders, investors, and partners. We apply our strategic resources, including capital, institutional distribution capabilities and operational expertise to help our partners excel. As of 23 February 2026, Pacific Current Group has investments in 8 boutique firms globally.
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Pacific Current Group (ABN 39 006 708 792) Quay Quarter Tower, Level 3, 50 Bridge Street, Sydney NSW 2000 www.paccurrent.com Tel: +61 2 9000 1939