KBRA Publishes a Rating for ABN AMRO Bank N.V.'s Participation in a Capital Call Facility to InfraVia Growth Fund I
16 Jul 2024 | London
KBRA UK (KBRA) publishes the rating assigned to ABN AMRO Bank N.V.'s (ABN AMRO) participation in a capital call facility in the form of a replenishable term loan (the "Facility") provided to InfraVia Growth Fund I. The rating was requested by ABN AMRO as a participating lender in the transaction. On 29 March 2024, KBRA UK (KBRA) assigned an A- rating and Stable outlook to the Facility on an unpublished basis.
ABN AMRO has committed €82.5 million to the €150 million Facility. The Facility is used for working capital and investment purposes including investments and is due to mature in December 2024. The Lenders have a first priority security interest in the uncalled capital commitments of the Fund, including the right to make capital calls under the finance documents further to the occurrence of an acceleration or a payment default.
InfraVia Growth Fund I is InfraVia's first vintage in InfraVia Capital Partners' growth strategy. The Fund’s investment strategy is to invest primarily in growth equity technology business-to-business companies that enable the digitisation across mobility and logistics, industry and manufacturing, energy, IT, telecoms, security, health and medtech.
To access rating and relevant documents, click here.
Click here to view the report.