Software and digital consulting
Super senior financing for a software and digital consulting company operating in Europe, where we acted as a one-stop shop for our client.
Transaction details
HCOB launched the super senior business in the first quarter of 2019 to enable investments in debt fund led private debt transactions in stable companies with strong cash generation profiles. We were sole provider of super senior debt to this software and digital consulting company, and acted as a one-stop shop for our client, including interest rate hedging, guarantee facilities, payment services, cash and savings account / cash pooling services, and provision of credit cards.
Key facts
| Volume | Super senior debt >EUR 50 million / Total volume >EUR 500 million |
| Role of HCOB | Super senior lender / Mandated lead arranger |
| Tenor | 6.5 years |
| Type of financing | Super senior RCF, super senior TLA |
| Repayment profile | Bullet |
We can support single clients with tickets of up to EUR 75 million plus ancillary services. This reduces the complexity of financing for our customers.
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.