The management team has acquired Refinancia SAS
The management team has acquired Refinancia SAS. Financial details shave not been disclosed.
Refinancia SAS provides credit management services. It purchases and manages non-performing loans (NPL) and consumer debt portfolios in Colombia and Peru, with over 40% of market share. Refinancia has deployed over US$150 million of capital in NPLs since inception, which represent more than 160 portfolios. The company also offers its servicing and collection solutions to top banks in Colombia, as well as to specialty finance businesses. With over 800 employees, Refinancia expects revenues of around US$25 million in 2019.
Oaklins' team in Colombia advised the management team in this transaction.
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 years 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