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Search date: 20-06-2018 Return to current date: Click here

ADM, Tejara announce $520m refinancing for International Oasis

June 20, 2018 00:00:00


ADM Capital, working closely with Tejara Capital and Houlihan Lokey, has led a successful $520 million refinancing for International Oasis Holding Company KSCC (International Oasis).

ADM Capital led a consortium of international investors including certain funds and accounts managed by Empyrean Capital Partners, LP, NatWest Markets Plc and CQS Dedicated Opportunities Fund.

Funds managed by ADM Capital, the London and Hong Kong-based private credit fund manager, provided $300 million of the total refinancing package, reports Media OutReach.

International Oasis's investments include a stake in Aston Martin, the British luxury car brand.

Kuwait-based International Oasis was advised by Houlihan Lokey, Dubai, Tejara Capital, London, and Latham & Watkins.

ADM Capital was advised by Freshfields Bruckhaus Deringer, London.

"ADM Capital's lead position in this complex US $520m refinancing is testament to our strong international network, expertise in structuring equity and debt financings," ADM's co-CIO Robert Appleby said.

"(It is also a testament to) our ability to deploy significant capital," said Appleby, also co-founder of the ADM Capital.

"We benefit from a highly experienced senior team and a 20-year track record of delivering to our investors hard to find," the co-chief executive noted.

"(We also benefit from) high returning investment opportunities with particular expertise in the Asia Pacific and European markets," Appleby said.

He said ADM Capital has built a reputation for being a reliable and trusted source of long term capital.

"We are delighted to lead a transaction that supports a stakeholder of Aston (Martin) and continue to be impressed by the outstanding management team," he added.

Founded in 1998, ADM Capital manages $1.6 billion across 15 countries.


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