Transactions
Recent transaction experience – Alternative Bridging Corporation
- In August 2016, Asgard Partners arranged a second committed senior bank debt facility for Alternative Bridging Corporation Limited ("ABC")
- This facility will enable ABC to realise the substantial growth potential which it has generated
- ABC is part of the Southern Group, a specialist property finance group established in 1993, managed and operated by a team of highly experienced property and financing professionals
- ABC writes a broad range of short-term property finance relating to residential and certain commercial property, the purchase of development sites and residential development
- Our role included advising in structuring the facility and in negotiating the terms through to closing
“We have worked with Asgard Partners since 2014, during which time they have arranged two wholesale funding lines for us with two separate banks. They clearly know the funding market exceptionally well and took the time to fully understand our business. Having introduced us to appropriate lenders, Asgard Partners were highly professional in the manner in which they assisted us in agreeing terms and during the documentation and due diligence process which resulted in a successful completion.”
Stephen Meller, CFO, Alternative Bridging Corporation