Technology Media & Telecom: mobile service provider

Company overview:

  • Leading mobile services provider with strong client relationships in a niche market with high barriers to entry

Need description:

  • Re-capitalisation of the capital structure to allow dividend payment to the shareholder

Investment overview:

  • Senior financing
  • 4-year maturity
  • Interest split into cash and PIK component
  • CVI bonds secured against company assets and entire company

Details

Size: PLN 41 million

Date: 2017

Financing type: senior

Use of proceeds: Dividend payment