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Survitec receives £15 million bank guarantee facility from Barclays verticalmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from verticalmag.com Daily Mail and Mail on Sunday newspapers.
Survitec Receives £15 Million Bank Guarantee Facility From Barclays | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Global safety solutions company Survitec announced completion of a £270 million (over CA $466M) refinancing with funds managed or advised by the Credit Group of Ares Management Corporation (“Ares.”) Ray Leclercq, Survitec’s Chief Financial Officer said in a statement, “Successfully concluding this financing demonstrates the confidence we believe that Ares and M&G have in our business. This marks a key milestone for Survitec’s customers, employees, shareholders and other partners. We completed this financing with an industry leader such as Ares based on the strength of our underlying business, meeting our current performance targets with year-over-year improvement in profitability as well as our growth plans for the coming years.” ....
Survitec Completes $372M Refinancing April 12, 2021 Survitec completed a $372M refinancing with funds managed or advised by the Credit Group of Ares Management Corporation. “Successfully concluding this financing demonstrates the confidence we believe that Ares and M&G have in our business, said Ray Leclercq, Survitec’s CFO. Survitec’s lead shareholders are Searchlight Capital Partners, a global private investment firm, and M&G Investments, an international asset manager. Survitec also recently announced another key element of its long-term growth plans. In March 2021, the company said it had signed an intent to purchase Hansen Protection, a European provider of specialist survival suits and protective equipment. ....
Survitec Completes £270 Million Refinancing In Private Debt Market Global safety solutions leader Survitec announced today that it has completed a £270 million refinancing with funds managed or advised by the Credit Group of Ares Management Corporation (“Ares”), a leading global alternative investment manager. Ray Leclercq, Survitec’s Chief Financial Officer said, “Successfully concluding this financing demonstrates the confidence we believe that Ares and M&G have in our business. This marks a key milestone for Survitec’s customers, employees, shareholders and other partners. We completed this financing with an industry leader such as Ares based on the strength of our underlying business, meeting our current performance targets with year-over-year improvement in profitability as well as our growth plans for the coming years.” ....