Fri, Nov 1, 2019
Lucid Agency and Trustee Services Q3 2019 Business Update
The Q3-2019 summary reflects the growing prevalence of unitranche structures, with direct lenders supporting a wide variety of sponsors with acquisition financings and refinancings, the latter forming an increasingly large share of the transactions we are working on.
Given our broad focus and expertise across direct lending through to more alternative credit solutions, we are the provider of choice for the increasingly active special situations and credit opportunistic funds. This resulted in our team playing a large part in the very high profile Steinhoff restructuring where we efficiently and seamlessly served the borrower and a syndicate of some +300 lenders since 2017.
Contact us today to learn more.
Q3 – 2019 Representative Transaction
| Facility & Security Agent CRE Sale & Leaseback | £352m 40-Year Term |
Facility & Security Agent Vitruvian Benify Group Recapitalisation |
Facility & Security Agent CapVest | Eight Fifty Food Group Acquisition Finance |
| Facility & Security Agent Portuguese Credit Facility & Secured Bonds |
Facility & Security Agent Stirling Square | UK Acquisition Finance Unitranche |
Facility Agent Matterhorn Telecom S.A. €500m Term Loan Facility |
| Facility & Security Agent KKR | Söderberg & Partners Acquisition Financing |
Facility & Security Agent Steinhoff Group | Post Restructuring First and Second Lien Facilities |
Escrow Agent, Trustee, Paying Agent & Registrar Fortenova Grupa d.d. | +EUR 1bn Privately Placed Notes |
| Facility & Security Agent Equistone Partners | Bulgin Acquisition Finance |
Agency and Trustee Services
Leading experience in syndicated, bi-lateral and direct lending transactions in the bond and loan markets.
