"The smooth way that Redbridge managed the process helped ensure this new financing transaction met all our requirements in terms of timing, size and contractual terms."
Engagement overview
Help Daher Group secure financing needed for its 2025–29 development plan
Objectives
- Refinance the 2025 and 2026 debt maturities
- Extend the debt’s average maturity
- Maintain strong liquidity
- Leverage the existing banking pool while expanding the investor base
Results
- €80 million (a significant amount of which was in US dollars), six-year Euro Private Placement subscribed to by three new investors
- €40 million, five-year amortizing term loan secured from the existing banking pool
- Transaction oversubscribed by more than two times
- Flexible documentation aligned with existing agreements
- Process completed in just 12 weeks
Methodology
- Provided advice on the optimal debt structure
- Designed a strategy to achieve the best possible balance between size and financing terms & conditions
- Prepared consultation materials
- Managed two parallel processes: one with banks, the other with investors
- Coordinated the lender Q&A
- Selected a panel of investors aligned with the Daher Group’s objectives
Value added by Redbridge
- Careful selection of potential lenders to foster strong competition
- Ensured process stayed on track to meet its initial closing deadline
- Worked closely alongside Daher’s finance department to coordinate all stakeholders – investors, banks and legal advisors
- Prepared internal materials and provided support for key decision-making
- Reviewed documentation and provided assistance all the way through to closing