Hotels and Leisure: Hotel owner & operator

Company overview:

  • A well-located and performing lodging and recreational asset in Poland
  • Stabilised operating performance, reaching target KPI’s
  • Long-term track record of the management

Need description:

  • Refinancing of existing financial debt at various levels of the group allowing the company to have long term visibility and to expand its operations

Investment overview:

  • Senior financing
  • 5-year maturity
  • Interest paid fully in cash
  • CVI bonds secured against real estate assets, entire company, company shares and shareholder guarantee

Details

Size: PLN 93 million

Date: 2017

Financing type: senior

Use of proceeds: Refinancing