London UK – Channel Capital Advisors LLP (“Channel”) is pleased to announce the completion of a $210 million combined inventory and trade receivables financing facility for a Belgian company operating in global markets. Channel arranged a placement of both notes and term loans with a syndicate of commercial banks for this first closing.
As part of this transaction, Channel has also been appointed as both Programme Manager and Cash Manager.
Hilmar Hauer, Partner and Head of Securitisation at Channel said “This significant transaction provides a one-stop financing solution for both the company’s inventory and sales invoice requirements”.
Channel Capital Advisors LLP, is a London based credit asset manager authorised and regulated by the Financial Conduct Authority. See www.channelcapital.co.uk for further information.
Dr. Hilmar Hauer, Head of Securitisation
Channel Capital Advisors LLP
Tel: + 44 207 291 5160