RBS International has recently agreed to support EQT, a leading private equity group, in a syndicated lending facility.
In the facility, RBS Plc led and coordinated the lending arrangements required to bring on board a consortium of banks including RBS International, which enabled EQT to secure a multi-billion Euro loan facility to support EQT VIII.
Its flagship buyout fund, likely to rank as the fifth largest fund ever raised by a European private equity firm to date. In meeting a tight deadline, RBS International colleagues worked closely with RBS Plc to agree the facility, which included the negotiation of the documentation with all the banks who participated.
Peter Brown, Head of Funds Banking, RBS International, said: “The lending schemes we’ve undertaken for EQT illustrate the collaboration possible between corporate teams at the bank, in order to support international customers seeking high level lending solutions.
"Equally important in a local context, these latest deals serve to highlight the banking capabilities in the Channel Islands in supporting developments in the European private equity market.”
Pictured: Peter Brown, Head of Funds Banking, RBS International.
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