Cattaneo Corporate Finance has advised on a new £7.5m debt package.
Cattaneo Corporate Finance has advised on raising a £7.5m debt package from HSBC for an unnamed UK manufacturer. The new enlarged debt facilities have refinanced the existing lender and will support working capital and future growth. The new facilities have also allowed the early repayment of vendor loan notes originating from a previous change of ownership transaction on which Cattaneo also advised.
The Cattaneo team of Richard Newman, Oliver Lowe and Charles Cattaneo provided debt advice and ran a competitive process resulting in an attractive package being delivered by the team at HSBC Corporate Banking.
Richard Newman commented:
“The business’ management team have clearly demonstrated their ability to take the business to the next level. The new debt facilities provide the financial strength to fuel the further development of the business and execution of the next phase of their growth plans. HSBC are an ideal partner to support the business going forward.”
About Cattaneo’s debt advisory service
We aim to deliver a top tier debt advisory service to private equity and SMEs that is typically only found in the larger advisory firms and investment banks. We combine up to date market knowledge with an experienced team to deliver practical tailored solutions to meet our clients’ needs.
If you leave this page with a few key messages, they should be:
- Debt advisory is accessible to all businesses, not just large ones.
- The scope, and therefore our fees, can be tailored to your precise requirements.
- The debt market is becoming more complex and, consequently, it is increasingly important that you have the right advice.
- It is worth having a conversation with us to assess your specific circumstances.