PropertyGuru: Senior debt financing

Private capital raise

PropertyGuru: Senior debt financing

Private capital raise


PropertyGuru Pte. Ltd.

Investor group

Lead investor(s):

  • Corporates, family offices and HNWIs

Follow-on investor(s):

  • Not applicable

Transaction summary

Deal value


Transaction highlights

  • Proceeds used for refinancing of existing facility and additional working capital needs

  • Material reduction in cost of funds over renewal of existing facility



Client description

  • PropertyGuru is the leading property technology group across ASEAN with #1 positions in Singapore, Vietnam, Thailand, Indonesia and Malaysia
  • Connects ~25m monthly property seekers with ~45,000 partner agents across ASEAN

  • Backed by high quality private equity sponsors, including TPG and KKR

Redpeak role

Sole financial advisor to PropertyGuru on the debt raise

Redpeak’s intimate knowledge of the business and the sector facilitated expedited investor due-diligence, resulting in minimal distraction to PropertyGuru management

Leveraged distribution network into corporates, family offices and HNWIs to close the debt facility quickly and on compelling terms

Smooth execution facilitated by Redpeak’s extensive transaction experience in the technology sector in ASEAN