Tikehau signs €200m credit deal to finance investment arm growth
Paris based asset management group Tikehau Capital has announced the signature of a €200m credit over five years to finance both internal and external growth of its long-term investment arm Tikehau Capital Partners.
The credit facility was granted to Tikehau Capital by a syndicate of eight banks including BNP Paribas, Crédit Agricole Corporate and Investment Bank, LCL, Bred Banque Populaire, Banque Espirito Santo et de la Vénétie, Natixis, Société Générale and Standard Chartered Bank.
The transaction, following two successive capital increases that took place last June for a total of €510m, aims to speed up the development of Tikehau Capital Partners’ activities abroad.
As of 31 August 2016, Tikehau Capital had €8.7bn of assets under management.