Aankondiging • Jan 20
HMC Capital Limited to Report First Half, 2026 Results on Feb 24, 2026 HMC Capital Limited announced that they will report first half, 2026 results on Feb 24, 2026 Aankondiging • Sep 24
HMC Capital Limited, Annual General Meeting, Nov 19, 2025 HMC Capital Limited, Annual General Meeting, Nov 19, 2025. Aankondiging • Jul 31
HMC Reportedly Taps Lazard to Sell Renewables Player Advisory firm Lazard is understood to be quietly courting buyers for HMC Capital Limited's (ASX:HMC) $950 million renewable energy business it bought from Neoen, sources say. The understanding comes less than a year since the David Di Pilla-led business agreed to buy the Victoria assets of the -renewable energy provider. It is understood Lazard's pitch is that since HMC's purchase of the Neoen Victoria solar, battery and wind portfolio, which was generating about $60 million in annual earnings before interest, tax, depreciation and amortisation and had a 2.8 gigawatt renewable energy growth pipeline, it has rerated in terms of value. It could be divested at a higher price. However, the challenge for HMC Capital is that it would be footing a tax bill on the sale of the business with 558 megawatts of contracted energy. HMC Capital outbid rivals in the Bank of America-run contest for Neoen's Victoria assets last year, agreeing to pay $950 million through two instalment payments, including a payment of $750 million at financial close and the remainder in December. Lenders had agreed to underwrite about $550 million at the time. But since that time, raising the funds to own the business has been tough going. HMC Capital announced at the start of July that it had pushed back the settlement date of Neoen by one month. It had also borrowed $200 million of mezzanine debt for Neoen and merged it with its Stor-Energy battery platform, as its star infrastructure executive who was to run the business, Angela Karl, departed. The news sent its share price more than 17% lower to $4.22, wiping about $400 million from the market value. Spanish renewable energy -operator Iberdrola was the underbidder in the previous contest, along with IFM and CIP. Last year, HMC Capital worked with Macquarie Capital to buy the business. Lazard, headed in Australia by Andrew Leyden, has had a number of sell side roles for renewable energy assets, including Edify Energy, which requires billions of dollars in funding for Australian renewable energy projects. Final bids have been received, and among those in the final mix are believed to be Canadian pension fund CDPQ and Copenhagen Infrastructure Partners, while IFM had been around the hoop. HMC earlier said it was "currently evaluating a range of options" in relation to the Energy Transition portfolio, including "portfolio optimisation". The plan for HMC Capital was to buy renewable energy assets such as Neoen Victoria, then raise funds from institutional investors that want exposure to the energy transition and spin the assets off into a fund. The group said the discussions with potential investors remained ongoing. It also flagged a "strategic partnership" or merger, which would involve a partial sale. Aankondiging • Jul 16
HMC Capital Limited to Report Fiscal Year 2025 Results on Aug 19, 2025 HMC Capital Limited announced that they will report fiscal year 2025 results on Aug 19, 2025 Aankondiging • Mar 28
Healthscope Suitors Reportedly Offered Due Diligence with Sale Afoot Suitors interested in buying Brookfield's embattled private hospital operator, Healthscope Limited, will be offered the opportunity to conduct due diligence on the business in about a fortnight, sources say. Private equity firm Brookfield Business Partners L.P. (NYSE:BBU) has called for indicative bids by the end of May to determine whether to sell the cash-strapped hospital operator. DataRoom understands that Bain Capital, LP has hired former Healthscope executives to help assess a possible offer, but is still undecided as to whether it will get involved. Healthscope's larger rival, Ramsay, is passing on the opportunity to gain control of hospitals from its competitor, sources say. Meanwhile, hospital operator Healthe Care Australia Pty Ltd., which is owned by Pacific Equity Partners, is only interested in buying one or two -assets out of Healthscope's portfolio of 38. Then there's HMC Capital Limited (ASX:HMC), which has publicly expressed its interest in buying the business, partly to protect the rents of its listed satellite HealthCo REIT, which is Healthscope's landlord. Aankondiging • Mar 13
Brookfield Reportedly Tests Market Appetite for Healthscope Brookfield Business Partners L.P. (NYSE:BBU) will call for indicative bids for Healthscope Limited at the end of May, say sources, as Pacific Equity Partners is tipped to be lining up for the business, along with Bain Capital, LP and HMC Capital Limited (ASX:HMC). But the North American firm's move to place the country's second largest private hospital operator up for sale could be a market-testing exercise to determine how much it could net for the troubled healthcare provider, say sources. Healthscope on 11 March 2025 confirmed DataRoom reports that it was launching a sale process after striking a deal with its lenders under which its interest payments would be suspended until May. After that time, once Brookfield has offers through the door, it can determine what the best way forward is, and lenders can decide at that point whether they are prepared to refinance the business or offload the loans to buyers at a discount or place the business in receivership. PEP, which owns Australian operator Healthe Care, is taking a look at Healthscope. The Macquarie Capital-advised HMC Capital will bid, and it is likely Bain Capital, which has been assembling a team to weigh an investment, will also bid. Bupa, which operates hospitals in Europe, has been around the hoop assessing a possible role in a buyout. And it is not necessarily a given that Brookfield sells: an alternative outcome is that it retains the healthcare provider and recapitalises it or allows lenders to sell debt to buyers at a discount, and they then take control. HMC Capital is run by David Di Pilla, who has confirmed he wanted to buy Healthscope, but his challenge is HMC manages a trust that is one of Healthscope's landlords, HealthCo REIT, presenting conflicts of interest. Aankondiging • Feb 18
HMC Capital Limited Announce Ordinary Dividend for the Six Months Ended December 31, 2024, Payable on April 1, 2025 HMC Capital Limited announce ordinary dividend of AUD 0.06000000 per share for the six months ended December 31, 2024. Record Date is February 26, 2025. Ex Date is February 25, 2025. Payment Date is April 1, 2025. Aankondiging • Jan 21
HMC Capital Limited to Report First Half, 2025 Results on Feb 18, 2025 HMC Capital Limited announced that they will report first half, 2025 results on Feb 18, 2025 Aankondiging • Nov 27
HMC Capital Limited Appoints Fiona Jane Pak-Poy as Director HMC Capital Limited announced the appointment of Fiona Jane Pak-Poy as director. Date of appointment is 27 November 2024. Aankondiging • Nov 13
HMC Capital Limited (ASX:HMC) completed the acquisition of Global Switch Australia Holdings Pty Limited from Global Switch Holdings Limited. HMC Capital Limited (ASX:HMC) entered into an agreement to acquire Global Switch Australia Holdings Pty Limited from Global Switch Holdings Limited for AUD 2.1 billion on October 24, 2024. To underwrite the Global Switch acquisition HMC is undertaking a AUD 300 million fully underwritten institutional placement. For the period ending December 31, 2023, Global Switch Australia Holdings Pty Limited reported EBITDA of AUD 86 million. Transaction is subject to receipt of customary regulatory approvals in Australia. Transaction is expected to be closed in late 2024 or early 2025.
Wendy Rae, Kylie Brown, Gadi Bloch, Vincent Pang, Karla Hodgson, Vicky Paras, Madeleine Andreopoulos, William Coote, David Liao, Brianna Brown, Eugene Tan, Caitlin Blanchard, Matt Robson, Danielle Jones, Michael Ryan, Lisa Zhou, Sally Page, Simon Dewberry, Chloe Wilton, Tegan Ayling, Phoebe Drake, Tracy Lu, Nick Li and Ellen Thomas of Allens acted as the legal advisors to Global Switch Holdings Limited. David Clee of Marcus Berghouse of Clifford Chance and Brian Harley of Clifford Chance, Hong Kong acted as the legal advisors of Global Switch Holdings Limited.
HMC Capital Limited (ASX:HMC) completed the acquisition of Global Switch Australia Holdings Pty Limited from Global Switch Holdings Limited recently. Macquarie Capital (Australia) Limited acted as financial advisor to HMC Capital Limited. Aankondiging • Nov 11
HMC Capital Limited (ASX:HMC) agreed to acquire iseek Pty Ltd. for AUD 400 million. HMC Capital Limited (ASX:HMC) agreed to acquire iseek Pty Ltd. for AUD 400 million on November 11, 2024. A cash consideration of AUD 150 million will be paid by HMC Capital Limited. As part of consideration, AUD 400 million is paid towards common equity of iseek Pty Ltd. The transaction is subject to approval from the Department of Home Affairs. Aankondiging • Oct 26
HMC Capital Limited (ASX:HMC) entered into an agreement to acquire Global Switch Australia Holdings Pty Limited from Global Switch Holdings Limited for AUD 2.1 billion. HMC Capital Limited (ASX:HMC) entered into an agreement to acquire Global Switch Australia Holdings Pty Limited from Global Switch Holdings Limited for AUD 2.1 billion on October 24, 2024. To underwrite the Global Switch acquisition HMC is undertaking a AUD 300m fully underwritten institutional placement. For the period ending December 31, 2023, Global Switch Australia Holdings Pty Limited reported EBITDA of AUD 86 million. Transaction is subject to receipt of customary regulatory approvals in Australia. Transaction is expected to be closed in late 2024 or early 2025. Aankondiging • Oct 25
HMC Capital Limited has completed a Follow-on Equity Offering in the amount of AUD 300.000006 million. HMC Capital Limited has completed a Follow-on Equity Offering in the amount of AUD 300.000006 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,285,715
Price\Range: AUD 8.75
Discount Per Security: AUD 0.109375
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 24
HMC Capital Limited has filed a Follow-on Equity Offering in the amount of AUD 300.000006 million. HMC Capital Limited has filed a Follow-on Equity Offering in the amount of AUD 300.000006 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,285,715
Price\Range: AUD 8.75
Discount Per Security: AUD 0.109375
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 03
HMC Capital Limited, Annual General Meeting, Nov 27, 2024 HMC Capital Limited, Annual General Meeting, Nov 27, 2024. Aankondiging • Sep 06
HMC Capital Limited (ASX:HMC) acquired Market Central Lutwyche from Abacus Group (ASX:ABG) and ISPT Retail Australia Property Trust managed by ISPT Pty Ltd for approximately AUD 120 million. HMC Capital Limited (ASX:HMC) acquired Market Central Lutwyche from Abacus Group (ASX:ABG) and ISPT Retail Australia Property Trust managed by ISPT Pty Ltd for approximately AUD 120 million on September 4, 2024. A cash consideration of AUD 121 million will be paid by HMC Capital Limited.
HMC Capital Limited (ASX:HMC) acquired Market Central Lutwyche from Abacus Group (ASX:ABG) and ISPT Retail Australia Property Trust managed by ISPT Pty Ltd on September 4, 2024. Aankondiging • Aug 23
HMC Capital Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on October 2, 2024 HMC Capital Limited announced ordinary dividend of AUD 0.06000000 per share for the six months ended June 30, 2024, payable on October 2, 2024. Ex-date is August 27, 2024. Record Date is August 28, 2024. Aankondiging • Jul 24
HMC Capital Limited to Report Fiscal Year 2024 Results on Aug 21, 2024 HMC Capital Limited announced that they will report fiscal year 2024 results on Aug 21, 2024 Aankondiging • Jul 02
HMC Capital Limited (ASX:HMC) completed the acquisition of Payton Capital Ltd HMC Capital Limited (ASX:HMC) agreed to acquire Payton Capital Ltd for approximately AUD 120 million on May 24, 2024. The consideration consists of AUD 87 million in cash and AUD 28.50 million in common equity as well as earnout consideration of AUD 16.5 million. As part of the consideration, AUD 115.5 million was paid towards common equity. To support the Acquisition, HMC Capital Limited is undertaking a AUD 100 million fully underwritten institutional placement and a non-underwritten Security Purchase Plan to raise up to approximately AUD 30 million. The transaction is expected to reach financial close in July 2024. Acquisition is expected to be immediately earnings accretive.
HMC Capital Limited (ASX:HMC) completed the acquisition of Payton Capital Ltd on July 2, 2024. Aankondiging • May 28
HMC Capital Limited has completed a Follow-on Equity Offering in the amount of AUD 100.000004 million. HMC Capital Limited has completed a Follow-on Equity Offering in the amount of AUD 100.000004 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,384,616
Price\Range: AUD 6.5
Discount Per Security: AUD 0.08125
Transaction Features: Subsequent Direct Listing 
