LGV portfolio company Craegmoor Healthcare Group has refinanced its whole business securitisation with a £255m bank facility arranged by the Bank of Scotland. As a part of the refinancing, Craegmoor fully redeemed all the outstanding notes of Craegmoor Funding No. 2 Ltd, the securitisation financing vehicle, including an agreed early redemption premium. The signing of the new facility provides Craegmoor with a strong capital base, substantially reduces its ongoing debt service obligations and provides it with the financial and operational flexibility to move to the next stage of its development.
Target Global I closed on €300m in 2015 and is now fully deployed
Existing investor Redalpine also participates in the round for the online ticketing platform
Deal is Sortera's 13th acquisition since it was established in 2006
Alpina began its ERP software buy-and-build platform with the acquisition of Oxaion in 2015