Clifford Chance advises Bain on providing a €183m financing to Linus
14 December 2021
- , , Anna-Lena Marx, Jemma Dick, Marc Mehlen, Margaux Felix, Kristof Meynaerts, Christian Lennig, Oliver Kronat, Kerstin Schaepersmann, , Olaf Mertgen,
- London, Luxembourg, Frankfurt, Düsseldorf
Clifford Chance advises Bain on providing a €183m financing to Linus
International law firm Clifford Chance has advised Bain Capital Credit on arranging a new capital stream for Linus Digital Finance, reaffirming the firm's ever-growing focus on financial investors. The €183m funding deal is designated to expand Linus Digital Finance's real estate financing across Europe, with initial focus on the UK and Germany, whilst enabling Bain Capital Credit to create a new strategic partnership to support Linus Digital Finance’s growth trajectory and as part of its broader European real estate investment portfolio.
This loan on loan facility will provide Linus Digital Finance with a stable source of third party debt to enable it to originate CRE loans before syndicating them both to traditional institutional counterparties with an appetite for commercial real estate backed debt as an investment product (such as banks and insurers) and to private investors.
The Clifford Chance team advising on the transaction was led by Global Financial Markets partner Emma Matebalavu and included Dmytro Orendarets, Anna-Lena Marx, and Jordan Gulwell, with support from London tax lawyer Jemma Dick, Clifford Chance Luxembourg team, Marc Mehlen, Margaux Felix, Kristof Meynaerts, Christian Lennig, Hilda Bertamé and Thibault Vasselier, and Clifford Chance Germany team Oliver Kronat, Kerstin Schaepersmann, Marisa Machacek, Olaf Mertgen and Niklas Zientek.