Consumer goods: Glassware producer

Company overview:
  • Specialised hosueware manufacturer in CEE
  • Producti portfolio includes flexible volumes, shapes and varieties of décor, as well as luxury, unique hand-crafted products
 
Need description:
  • Transaction initiated by PE fund which won a tender and acquired company in a LBO consisting of senior banking debt, CVI bonds financing on holdco level and equity
 
Investment overview:
  • Junior financing for LBO on holdco level
  • 4-year maturity
  • Interest split into cash and PIK component
  • CVI bonds secured by holding company which owns portfolio companies in region and globally

 

 

Details

Size: EUR 10 million

Date: 2016

Financing type: junior

Use od proceeds: LBO