ACG Group, a leading financial services company, has announced the successful creation of CreditHarbor Securitisation Sarl and its EUR 300M CreditHarbor Note Programme. This programme is specifically designed for small and medium-sized enterprises (SMEs) and the renewable energy sector.
The first issuance of EUR 18M of Notes was recently completed, with ACG acting as the sole book runner. The notes, which yield 12.5%, have a 5-year maturity and offer a fixed coupon. They are also Euroclear and Clearstream eligible, making them easily accessible to investors. The Notes also have a quarterly principal amortization of 3.125% and interest repayments.
In a statement, Alberto Ferro-Villani, CEO at ACG Group, expressed his satisfaction with the success of this private bond deal. “This transaction, which was used for the acquisition of a UK digital venture media company, showcases ACG’s expertise in creating innovative structured finance solutions for complex transactions,” he said. “Our team’s ability to navigate the intricacies of securitisation and acquisition financing in the digital media sector further demonstrates our firm’s cross-sector capabilities.”
This latest transaction is a testament to ACG’s commitment to providing cutting-edge financial structuring and advisory services, in addition to its asset management and custody services. The successful issuance of these Notes highlights ACG’s ability to meet the sophisticated financing needs of clients in the acquisition market and beyond.
ACG Group is dedicated to providing top-notch financial solutions to its clients and is continuously expanding its services to meet the ever-evolving needs of the market. With this recent success, ACG remains at the forefront of the financial services industry, setting the standard for excellence and innovation.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.