The management team has acquired Referencia SAS
The management team has acquired Referencia SAS.
Referencia is the spin-off of Refinancia’s specialty finance unit. With 50 employees, the company offers three main products: Li$to, Fenalcheque and loan guarantees. Li$to's point of sale credits finances an underserved consumer credit market in Colombia. Fenalcheque guarantees post-dated checks to retailers, educational and financial institutions. Loan guarantees are offered to financial institutions on certain types of loans such as education financing. Referencia has an exclusive access to Colombia’s largest merchant network. Private customers benefit from having competitive financing without using up credit card limits while professionals are provided with alternative financing that allows them to increase sales.
Oaklins' team in Colombia acted as financial advisor in the specialty finance spin-off.
Talk to the deal team
Associate DirectorBogotá, Colombia
Concert Consulting has been acquired by Buck
UK-based pensions and employee benefits communications firm Concert Consulting has been acquired by Buck, the integrated HR and benefits consulting, technology and administration services firm.Learn more
CML Group (ASX:CGR) has completed a placement
CML Group (ASX:CGR) has completed a US$2.5 million placement. The raise was completed at an issue price of US$0.238 (A$0.328) per share to institutional and professional investors. Funds raised will be used to support the company’s cash position to fund growth in its loan book.Learn more
International Investment Bank has raised capital through a bond issuance
International Investment Bank (IIB) has attracted a new round of financing from Romanian institutional investors for the sixth consecutive year. They attracted US$85 million through a bond issuance, with a three-year maturity period (due in 2023) and a fixed coupon of 3.393% (RON denominated). The bonds received a 3A rating from Moody's and A- rating from Fitch and S&P.Learn more