KNG Securities LLP ("KNG") acted as advisor and arranger on EUR 5 million Secured Term Loan in favor of the shareholders of a leading Italian group operating in the fashion sector.
The operation is aimed at supporting the Group's investments and at making its financing policies more efficient in a sector crucial for the restarting of the Italian economic system.
This transaction confirms that diversifying the sources of financing is a positive strategy as showed also by the trust that the capital markets, and institutional investors in particular, demonstrated through their involvement in this transaction.
KNG supports Italian companies to face the very serious emergency created by the spread of Covid-19, which, in a short time, is generating a very strong slowdown in the economy.
KNG provides financing solutions (e.g. minibonds, loans), refinancing solutions (e.g. liability management) and innovative liquidity tools (e.g. assignment without recourse of trade receivables vs the Public Administration and vs Corporate) to allow SMEs and large companies to diversify their sources of financing and to receive the liquidity necessary to re-launch their business, invest in innovation and consolidate their financial position.