Debt Advisor
Swiss Life Asset Managers
Debt Capital Markets
Has Raised Debt Financing In Connection With Its Acquisition Of
Senior Secured Financing
Transaction Details
- On September 18, Swiss Life Asset Managers (“SLAM”), on behalf of one of its infrastructure funds, completed its full takeover of Condecta AG (“Condecta” or the “Group”), the Swiss market leader for state-of-the-art modular space solutions, container systems, sanitation systems, construction machinery, construction equipment and wastewater treatment systems.
- Condecta was founded in 1959, and its space systems can be put to a wide range of uses, including as production or storage facilities, offices and administration buildings, exhibition or retail spaces, temporary or permanent accommodation, medical treatment and housing facilities, takeaways or canteens.
- Stephens served as debt advisor to SLAM to raise debt facilities to finance the acquisition and to support investment and working capital requirements of the Group.
About the company
SLAM
Swiss Life Asset Managers’ Infrastructure Equity Platform, founded in 2011, manages assets with a volume in excess of EUR 10 billion for its clients and partners. The team is made up of 65 investment specialists with an average of 20 years of senior-level experience in the sector. The platform has made 75 infrastructure investments in 15 different investment solutions in the energy, communications, transport, regulated utilities, social infrastructure and renewable energy sectors.
Condecta
Condecta was founded in 1959, and its head office is in Winterthur, Switzerland. Condecta is the Swiss market leader for state-of-the-art modular space solutions, container systems, sanitation systems, construction machinery, construction equipment and wastewater treatment systems. Condecta has an extensive location network in Switzerland, Germany and Italy.
Sources: Company Filings and Press Release.
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