"Assignment of a team within a short deadline enabled the finance department to ensure the transaction's success"
Scope
- Financing the acquisition of a European target
- Amendment of existing credit line and a new tranche
- Total amount successfully secured for €500m, including the new tranche
Objectives
- Identify the various financing options
- Ideally, to ensure financing of the acquisition without refinancing the existing syndicated loan
Results
- Increase in the amount of the budget
- Extension of the maturity
- Maintenance of conditions and prices prior to acquisition
Redbridge’s role
- Advisor to Ingenico
- Arrangement of the transaction
Redbridge’s added value
- In-depth market knowledge combined with independence and absence of any conflict of interest allowed Ingenico to obtain additional financing within existing syndicated loan, without affecting existing conditions