Refinancing of a debt collection company
RCF in the amount of >150 million euros in several currencies for a debt collection company in the Nordic countries
Transaction details
Together with two other banks, we provided a multi-currency revolving credit facility (RCF) of more than EUR 150 million to a debt collection company in the Nordic countries. The three syndicate banks each contributed one third to the three-year financing and acted as mandated lead arrangers. This was used to repay existing debt and for general corporate purposes and provided the company with additional flexibility to continue on its growth path.
Key facts
| Volume | > EUR 150 million |
| Tenor | 3 years |
| Type of financing | RCF |
| Region | Nordic countries |
By joining the club deal as one of the non-Nordic based consortium lenders to a company in a complex industry, we demonstrated our value in structuring the financing to protect the lender’s position and incentivize a refinancing as the company performed – which they did.
Bryant Lau,
Head of Corporates International & Specialty Lending
Experienced Team, Strong Credit Underwriting Capabilities
We operate a lean, experienced team located across Hamburg, London and Luxembourg. The team has expertise in underwriting a range of credit opportunities in a short time frame.