Channel Capital Advisors LLP (“Channel”) recently completed a $60mm private debt placement backed by trade receivables for a global diamond manufacturer headquartered in Antwerp. The transaction finances a diverse pool of short-term receivables, each covered by credit insurance provided by a A1/A+ rated insurer. The three year single-tranche transaction was funded by a large institutional investor and a follow-on placement is expected.
Walter Gontarek, CEO of Channel said “The deal is the first in a series of similar transactions being arranged by Channel using its Luxembourg securitisation platform, Channel Finance SA.”
About Channel:
Channel Capital Advisors LLP was founded by a team of credit risk professionals in 2006. Channel has successfully managed $12 billion of credit transactions and currently manages trade-related credit portfolios providing attractive income flows for institutional clients. The firm is authorised and regulated by the Financial Conduct Authority, and is authorised as a full-scope UK AIFM.
At Channel, we provide high-quality, privately originated asset-backed investment products by originating, structuring, and managing investments for leading institutional investors. We specialise in opportunities from issuers in specialty finance and the innovation economy.
For borrowers, we are a trusted partner in growth. Our expertise in structuring tailored financing solutions ensures you get the capital you need to scale, with a streamlined process and terms that work for your business. We are committed to delivering flexible, efficient, and growth-focused funding that empowers your success.
Contact:
Walter Gontarek, Chief Executive Channel Capital Advisors LLP
Tel: +44 207 291 5160
walter.gontarek@channelcapital.co.uk
Website: www.channelcapital.co.uk
