Accessing corporate debt alternatives

Accessing corporate debt alternatives

Global uncertainty and regulatory intervention has changed the dynamics of availability of credit for Australian corporate borrowers.


Also on

Hummingbird flying next to yellow flower

A recurring issue for Australian corporates is the over-reliance on the Big 4 domestic banks, and the relatively small size of the domestic bond market. At times when global uncertainty gives rise to high volatility and higher prices, it can mean a notable lack of options.

This article, Accessing corporate debt alternatives, explores options of alternative debt markets that are likely to play a significant role in meeting the funding needs of many of these borrowers into the future. It covers:

  • the private placement market as an option to diversify sources of funding, particularly in the United States, but increasingly in Australia as well
  • the high price of bank lending and the contributing factors that have increased margins
  • looking beyond borrowing from the Big 4 banks to Asian banks that are making their presence felt.

Many alternative financiers have money available for the right transactions, but are able to be very selective about which deals they seek to pursue and are being quite opportunistic. The success or otherwise of such deals relies on the achievement of the borrower's stated strategies and forecasts, and appropriate debt structuring.

The evolving deals landscape

We explore why organisations need to draw on deep industry knowledge to define strategy, unlock value, harness synergies and mitigate risk in a deal.

Read more

Deal Advisory

Deal Advisory

KPMG’s integrated team of specialists works at deal speed to help you find and drive value throughout your deal and transformation lifecycle.

Debt Advisory Services

Debt Advisory Services

Our Debt Advisory practice can help you analyse, structure and execute across the spectrum of debt products.

Connect with us


Request for proposal



KPMG’s new-look website

KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.