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Press Release | 11 Jul 2024 | Gabrielle O’Gara
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Fintex Capital provides £20 million senior debt to leading UK education group

Fintex Capital Secures Landmark £20 Million Debt Facility for UK Education Group

  • Fintex Capital’s largest UK debt facility to date
  • Senior loan, secured on the borrower’s operating business and on its sizeable, diverse portfolio of UK freehold assets valued in excess of £60 million
  • Facility refinances existing debt from a UK high street bank, and provides working capital as well as capex support to the profitable business

London, 8 July 2024. Fintex Capital, the innovative investment firm specialising in Private Debt, today announces the completion of a c. £20m asset-backed debt facility to one of the UK’s largest operators in schools and education. This landmark transaction is not only Fintex Capital’s largest UK debt facility in its six year lending history but it also provides more debt to the borrower’s profitable business than it previously had.

Largest UK Debt Facility to Date for Fintex Capital

Secured on UK freehold assets valued at more than £60 million, this three year facility benefits from an unusually low loan-to-value ratio at 25%. The borrower’s business is asset rich as well as profitable, and Fintex Capital has taken security on all operations and property assets of the group. The term loan enables the borrower to continue to deliver on its strategy whilst also providing additional working capital as well as capex support to the group and its sizeable estate.

Loan Secured on Over £60 Million of Freehold Assets

The transaction was funded by Fintex Capital’s flagship fund, Fintex Private Debt.

Facility to Refinance Existing Debt and Provide Working Capital and Capex Support

Robert Stafler, CEO of Fintex Capital, said: “This landmark loan showcases our firm’s capability in structuring and executing complex direct lending deals as principal. On this loan, we faced stiff competition from other lenders, and I am delighted our borrower chose us to embark on this multi-year relationship as it recognised how reliable and committed a partner we are. Over the past 6 years, our firm has made an excellent name for itself in the UK market as a sophisticated, reliable lender with proven capabilities in executing complex transactions across Real Estate Debt and Specialty Finance. This facility illustrates not only our commitment to supporting our clients’ growth but also the ambitious steps we are taking in our own growth.”

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About

Fintex Capital (www.fintexcap.com) is a pioneering investment firm specialising in private debt. Since its inception, the firm has provided more than £350 million in private debt capital to borrowers across Real Estate Debt and Specialty Finance. Fintex Capital is well known in the market for providing senior and mezzanine debt facilities to lending businesses, and it also provides direct lending to asset backed businesses and property owners. The firm manages discretionary investment funds for select Family Offices as well as segregated managed accounts for a variety of institutions. The firm leverages technology and designs advanced systems to manage and monitor risk and cashflows, integrating traditional credit expertise with innovative analytics to ensure transparency, data clarity and operational efficiency.


Media Contact

Gabrielle O’Gara
GC Communications
Tel: 07818240343
Gabrielle@gccommunications1.com


Contact
Adam Marks
adam.marks@fintexcap.com
+44 203 008 6873

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