Kartesia is pleased to announce the closing of a Mezzanine Facility in support of the acquisition of Main Energie by Audax, in collaboration with senior lenders who provided acquisition term loans.
Kartesia is pleased to announce today that the investment of the KCO III fund into the senior debt issued by La Croissanterie was repaid at par following the full early repayment of tranche B, tranche C and RCF.
Kartesia is pleased to announce the successful reset of the Eurogalaxy III CLO managed by PineBridge Investments Europe Limited (Pinebridge) - one of the very first transaction of its kind in Europe. Given the majority stake in the Subordinated Notes that KCO III acquired in March 2016, Kartesia actively participated in that process, alongside arranger JP Morgan and Pinebridge.
Kartesia, the European specialist provider of financing solutions for small and mid-sized companies, announces that is has provided €10 million financing to GT Motive, a leading software provider for the European automotive insurance and leasing market.
Recent years have shown that credit markets, notably in Europe, are increasingly subject to short cycles. From one quarter to the next, markets may be temporarily but severely affected by the underperformance of a country or industry, a commodity crisis, or even by political events such as Brexit. These fluctuations make for structurally more volatile credit markets, which swing between liquidity surpluses and shortages.
Acting as sole mezzanine financing provider and minority shareholder in the FCDE’s acquisition of Babcock Wanson, Kartesia completed its first primary operation on the French market in Q2 2016.
Babcock Wanson: a leading industrial specialist across Europe