Candover Investments plc
Arle Capital to close in Q1 2017
Fund manager of listed LP Candover Investments recently divested stakes in two listed portfolio companies
Arle and Eyrir in €706m Fokker exit
Arle to reap €500m in cash on sale of majority stake
Candover secures €52m refinancing from 17Capital
Candover secures new €52m loan from 17Capital to refinance debt
Lack of exits forces Candover to make contingency plans
Without any realisations in the first half of this year and a growing debt burden, listed entity Candover Investments has started to review a range of alternative plans including refinancing existing facilities.