£325 million for Hotel portfolio regear and refinance
Enabling investor to buy out equity partners

The Hotels are all operated by a leading international hotel group.

The existing structure consisted of a layer of senior debt, mezzanine and substantial equity of which part came from a third party.

The objective was to regear and refinance in order to take out third party equity.

CLP introduced a structure of layered debt at a competitive blended interest rate margin which achieved the clients’ objective.

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