Captima played a key role in a complex transaction valued in excess of £43 million which, in addition to the new funding, required the support of Isle of Man Government, Shareholders and Banks. In a challenging funding environment, Captima identified and introduced a London-based Fund toprovide new debt allowing Sefton Group to substantially deleverage its balance sheet, and position the Group as a financially stronger and more competitive company. The financial package will also provide Sefton with valuable working capital, which will be used to enhance and improve existing local facilities.
Adam Reed of Captima said "We are delighted to have worked with SeftonGroup on this complex transaction and we are thrilled to have finalised such a substantial debt package that provides the Group with enhanced financial flexibility. Sefton is an excellent company with great management and employees, and this restructure will allow the Group to move forward with confidence as the Islands leading leisure provider."
Brett Martin, Sefton Group Chief Executive, said "Undertaking a major financial restructuring is fraught with difficulty and requires the support of financeprofessionals who really can deliver what they promise. Captima did just this,providing Sefton with an excellent service from start to finish"
The Sefton Group plc is the Isle of Man's largest premier hotel group and encompasses many of the most prominent brand names on the Isle of Man in the hospitality, leisure andproperty arenas. These include the Sefton Hotel,Sefton Express at the Airport, and Best Western Palace Hotel and Casino providing an extensive range of accommodation, dining and function facilities.The Sefton Group plchas been under public ownership since 1923 and is synonymous with providing superior quality and service.
Captima Limited is a structured finance firm providing comprehensive capital solutions to private, corporate and institutional clients globally. Captima's comprehensive platform is supported by extensive research, in-depth knowledge, innovative thinking and access to capital toprovide a fully integrated service across equity, debt and acquisition finance, as well as other specialised financing solutions. Captima maintainsprominent relationships witha range of new and existing lenders, including Banks, Sovereign Wealth Funds, insurers, pension funds, senior debt funds as well as specialised funds.
Contact Captima, Media Relations