Independencia S.A. has completed the placement of senior bonds
Independencia S.A. has completed a fundraising.
Independencia started its activities in 1990, when the Chilean Pension Fund Administrators (AFP) began investing in the real estate business through the company Rentas Inmobiliarias S.A. The real estate income fund Fondo Rentas Inmobiliarias was constituted in 1995 with approximately US$80 million assets under management. Currently, the fund is composed of real estate assets that include 15 offices, 45 commercial premises and 11 distribution centers throughout Chile, as well as four properties in the US. To date, it is the largest real estate fund in Chile, with over US$680 million assets under management.
Oaklins’ team in Chile successfully completed a placement of the third bond of Fondo Rentas Inmobiliarias Independencia in the local capital market for US$85m. Proceeds were used to refinance the first bond issued in 2016 with maturity in July 2021. The placement was carried out through best effort, a placement system that had not been used for corporate bonds since October 2019, due to the high volatility of the market and the need to secure demand through a private sale.
Contacter l'équipe de la transaction
Transactions connexes
Omnetic, member of EAG Group, has raised growth capital from Kartesia and CVI
EAG Group has completed a first investment round for its Omnetic platform. The company was seeking growth capital of up to US$110 million in order to consolidate the CEE markets and finance its expansion to new geographies. The transaction was closed with Kartesia, the European specialist provider of capital solutions for small- and mid-sized companies, in partnership with CVI, a private debt investor based in Warsaw, Poland.
En apprendre plusJL&P has received a minority investment from Arkéa Capital and Swen Capital Partners
JL&P Group has completed a primary minority LBO with Arkéa Capital and Swen Capital Partners.
En apprendre plusHC Partners has successfully raised debt financing for the acquisition of AQ Group
HC Partners, a Netherlands-based private equity firm, has raised debt financing for its acquisition of the HVAC installation business AQ Group. The financing was provided by ING and Aegon Asset Management. The tailored debt package provides the necessary flexibility in accordance with HC Partners’ vision and AQ Group’s foreseen growth trajectory.
En apprendre plus