Our client is a family-owned international engineering and consulting group active in automotive and industrial vehicles, aeronautics, space, defense, energy, rail, naval, industry and services.
The group employs more than 10,000 people, in 140 sites spread over 30 countries and has a consolidated turnover of more than € 626mn in 2020.
The group would like to borrow up to € 10mn from a single professional lender.
The loan will be hosted in an SPV that owns a building in Neuilly-sur-Seine (France) currently under renovation and valued in its final state at € 26.5mn. The permits are granted and the senior financing for the works is available. The works are expected to be finalised by September 2022.
Guarantees: 2nd ranking notary inscription and guarantee from the mother company.
Maturity: 3 years - repayment at maturity - bullet