PRESSR: Investcorp Capital successfully execute a USD 800mln financing as it eyes further growth in 2024
Summary
Abu Dhabi: Investcorp Capital plc (the Company or Investcorp Capital), an investor in private markets and provider of capital financing services in the alternative investments space, has agreed a USD 800m refinancing by way of a revolving credit facility (RCF) with an international consortium of banks.The new facility will enable Investcorp Capital to repay an existing USD 600m facility to Investcorp Group, which was implemented when the Company listed on the ADX in November 2023.The new facility was fully underwritten and arranged by five banks: Abu Dhabi Commercial Bank PJSC, Al Ahli Bank of Kuwait K.S.C.P. Our CFS business achieved 47% y-o-y growth and, with this successful refinancing at competitive terms, we are well-positioned to grow our business and to deliver solid returns to our stakeholders.Investcorp Capital is an alternative investment company that invests in private markets and provides capital financing services. It offers investors exposure to a global portfolio of investments across various asset classes, including those that have been and will continue to be carefully selected by Investcorp Group. Investcorp Group has over four decades of experience and expertise in delivering attractive and consistent returns across multiple strategies, sectors and geographies.Investcorp Capital is listed on the Abu Dhabi Securities Exchange (ADX) under the symbol ICAP. You expressly agree that your use of the information within this article is at your sole risk.To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.