Renegotiation of Terra Patris €40m debt portfolio and additional debt financing
Undisclosed
Adviser to Terra Patris on the renegotiating of its €40m debt portfolio and additional debt financing
Industrial & Chemicals
Finland
We have advised Terra Patris Oy (Terra Patris) on the renegotiating of its €40m debt portfolio and additional debt financing. The debt portfolio included both bilateral loans and syndicated debt facilities.
Terra Patris is a Finnish family-owned company with subsidiaries in the leisure marine industry, construction equipment industry, contract manufacturing, and forest industry.
COVID-19 caused adverse market conditions for the majority of our businesses. We wanted to take a proactive approach and secure our liquidity reserves. The long-term debt funding solution achieved supports our growth strategy going forward. We are highly satisfied with Clearwater's value-adding support from planning to final execution.
Many companies will need changes to their current financing structure and terms in the near future. As an independent and unconflicted adviser we can be instrumental in arranging a balanced financing package that works for the owners, the businesses, and the financiers.
Green loan for ferry operator’s capital expenditures
Adviser to Finferries on €79m financing arrangement for the electrification of its ferry fleet
Debt refinancing of a global coatings company
Adviser to Teknos on its €115m sustainability-linked loan
Sale of high-quality spruce sawn timber business
Adviser to Iisveden Metsä on the sale of the business to Koskisen
Investment in a leading Nordic manufacturer of high-quality, HPL coated boards
Adviser to Levypinta Group and its owners on its sale to Bergman & Beving
