UK - Glitnir backs BIMBO of TruckEast with integrated finance package

Glitnir has supported the BIMBO of Scania dealer TruckEast Ltd with an integrated finance package in a deal worth over ТЃ10m. Glitnir, a Nordic investment bank, offered a fully integrated finance solution providing both the debt and equity funding as a single package. The management team own the majority of the equity, and Glitnir IF takes a minority stake.