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The UK restaurant chain is attempting to carry out a long-term plan of opening 500 locations over the next decade. Challenger bank OakNorth provided the finance.
The firm has appointed an ex-Investec director to work on its UK debt fund, which is targeting a final close of £350m.
The BDC’s exposure to European base companies was down from 10.7% to 7% as the firm also continues its strategy of reducing the amount of risk in the portfolio.
The vehicle operates a global mandate and recently concluded the purchase of three Spanish NPL portfolios valued collectively at more than €1 billion.
.jpg "Beechbrook cautiously optimistic about Brexit opportunities")
The UK lender has raised €100m for its third European-focused fund as it expects the resulting slowdown from Brexit to force banks to further retreat from the market.
GSO’s underwriting of a €600m debt product is a positive sign that the market is increasingly confident in financing such large tickets.
FCDE has acquired boiler maker Babcock Wanson in a deal believed to be valued at €57m. Kartesia secured a minority stake and committed the mezz finance.
.jpg "MandG lends UK housing group £50m")
The UK lender has spent almost a decade investing in social housing projects, with typical deal sizes ranging between £20m and £40m.
The revolving credit facility will assist Kingsway in extending its leasing capacity to up to £25m. Since 2013, the BBB has invested £120m across six UK-based asset financiers.
The firm is continuing to shift from advising firms to managing assets for their clients. This is the firm’s second acquisition.