£6.5m Unitranche private credit facility allows food and beverage manufacturer to expand reach to Western Europe.
The Problem:
This well-established corporation was seeking to broaden its reach by venturing into new territories in Western Europe. However, their ambitious plans were hindered by the high level of debt required for expansion as well as insufficient security coverage. Despite their best efforts, the majority of banks and financial institutions were unable to provide the necessary funding, as they were unable to match the quantum of debt required.
The Solution:
Our team was able to provide valuable assistance to the client by successfully identifying a funding solution that met their needs. In addition, through our network, we were able to connect the client with a fund that was able to offer the necessary capital in the form of a unitranche term loan. This unique financing structure, which combines elements of both senior debt and junior debt, allowed the client to access the funds they required to move forward with their expansion efforts.
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