H.I.G. Capital News
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H.I.G. Capital Completes Re-Financing of a Shopping Centre in Spain
LONDON – January 28, 2014 – Bayside Capital, a credit affiliate of H.I.G. Capital, announced today that it has provided mezzanine debt financing to a 70,000 square meters shopping centre in Madrid, Spain. The identity of the property and the Borrower were not disclosed.
Ahmed Hamdani, Managing Director at Bayside Capital said, “This transaction is an example of H.I.G. working with borrowers and their existing lenders to provide a solution to over-levered capital structures. The transaction was closed in a very short period of time, demonstrating H.I.G.’s ability to deliver complex solutions in a tight time frame”.
About Bayside Capital
Bayside Capital, an affiliate of H.I.G. Capital, is an investment firm with approximately $4.5 billion under management. Focused on middle-market companies, Bayside Capital invests across several segments of the primary and secondary debt capital markets with an emphasis on long-term returns. With thirteen offices throughout the U.S. and Europe and over 250 investment professionals to draw upon, Bayside has the experience, resources, and flexibility to provide capital solutions quickly, and the strategic and operational expertise to help support its investments.
Bayside Capital is active across a wide spectrum of industries, including business services, manufacturing, healthcare, retail, food/agriculture, and specialty finance. With the ability to invest in all parts of the capital structure, Bayside is able to develop creative financing solutions and consummate transactions on an expedited basis.
Bayside Capital is a credit affiliate of H.I.G. Capital, a leading global private investment firm with more than $13 billion of equity capital under management. Since its founding in 1993, H.I.G. Capital has invested in more than 200 companies worldwide and has developed an impressive track record for creating value for its partners and investors. For more information, please refer to the Bayside Capital website at www.bayside.com.
To speak to Ahmed Hamdani, Managing Director, H.I.G. Bayside Capital please contact:
Rory King / Fern Hammond
Direct Dial: +44 (0)20 3128 8564 / 8092
Mobile: +44 (0)7584 681 490