ArtCap Strategies (ArtCap) has announced the successful closing of a USD665 million senior secured financing package. This financing was pivotal for Holding Lupo Corporation’s (Lupo) acquisition of 86.3 million shares, representing 61.2% of the outstanding shares of Interceramic, S.A. de C.V. (Interceramic). The deal also allowed for the refinancing of existing corporate debt. This transaction marks a notable instance of a take-private deal in Mexico led by a private credit fund. As a result, the combined shareholding of the Almeida family and Kohler in Interceramic increased from 38.65% to 99.85%. Both companies are set to benefit from ArtCap’s strategic financial backing. With its extensive expertise in structured financings across Latin America, ArtCap has demonstrated its capability to deliver innovative financial solutions.

Private Equity & Venture Capital, Manufacturing, Financial Services, Real Estate & Construction,Mexico, Cayman Islands, Latin America

https://www.newswire.com/news/artcap-strategies-acted-as-global-coordinator-lender-and-admin-agent-22368651